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Columbus McKinnon reports $25.5 million loss for second fiscal quarter

Associated Press +2 · ·by G4L

CMCO
CMCO Columbus Mckinnon Corp
$21.81 +7.33%
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  1. 1Columbus McKinnon Corp. recorded a loss of $25.5 million in the second fiscal quarter.
  2. 2Revenue for Columbus McKinnon Corp. during the period was $539.3 million.
  3. 3Columbus McKinnon Corp. expects annual earnings per share to be between $2 and $2.15.

So what's the key point?

Columbus McKinnon Corp. reported a loss of $25.5 million this second quarter. However, the company expects to earn more than $2 per share over the full year.

Source Associated Press +2 · View original ↗

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