2023-04-27 07:32:43 ET
- Lincoln Electric press release ( NASDAQ: LECO ): Q1 Non-GAAP EPS of $2.13 beats by $0.05 .
- Revenue of $1.04B (+12.4% Y/Y) beats by $10M .
- CEO comment: Our team continues to successfully execute on our Higher Standard 2025 Strategy initiatives, and our integration of Fori Automation is on track to improve profitability in that portion of our business. Strong momentum heading into the second quarter, including high backlog levels and record automation orders, position us well to continue to drive higher results this year.”
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Lincoln Electric Non-GAAP EPS of $2.13 beats by $0.05, revenue of $1.04B beats by $10M