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Crane Company Announces Record Quarterly Results and Raises Annual Earnings Outlook

The Motley Fool +1 · ·by G4L

CR
CR Crane Co
$209.37 -0.39%
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  1. 1Crane Company announced that total quarterly revenue increased by 28% compared to the previous year.
  2. 2Process Flow Technologies recorded a 20% year-over-year increase in core orders.
  3. 3Crane Company repaid $170 million in debt.

So what's the key point?

The amount of money Crane Company made from sales grew by 28% compared to last year. This means the company's situation improved as it paid off debt and received many orders.

Source The Motley Fool +1 · View original ↗

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