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Stock Market & Financial Investment News

News Breaks
December 5, 2012
05:55 EDTCMCO, CMCO, CMCOColumbus McKinnon management to meet with BB&T
Meeting to be held on the West Coast on December 11-12 hosted by BB&T.
News For CMCO From The Last 14 Days
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January 28, 2016
07:14 EDTCMCOColumbus McKinnon reports backlog of $97.6M at December 31
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07:14 EDTCMCOColumbus McKinnon reports Q3 adjusted EPS 32c, consensus 39c
Reports Q3 revenue $159.7M, consensus $164.97M. Reduced adjusted net income was primarily the result of lower organic sales volume in the U.S. and the related under-absorption of fixed costs. Adjusted net income excludes Magnetek acquisition deal costs of $0.3 million and acquisition purchase accounting adjustments of $0.4 million for inventory step-up expense and $0.3 million for backlog amortization, all after tax, as well as an adjustment of $1.7 million to reflect a more normalized tax rate of 34%.

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