VANCOUVER, BC, Sept. 13, 2024 /PRNewswire/ - ESE Entertainment Inc. (TSXV: ESE) (OTCQB: ENTEF) ("ESE" or the "Company"), a gaming company that provides a range of services to leading video game developers and publishers, is pleased to announce the appointment of Ryan Maarschalk B.Sc, CPA, as a Director of the Company. About Mr. Maarschalk Mr. Ryan Maarschalk was previously a Director of ESE Entertainment, after its initial public listing and subsequent valuation growth. He brings over two decades of leaders ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO COMMISSION FILE NUMBER 1-10596 ESCO TECHNOLOGIES INC. (Exact name of registrant as specified in its charter) MISSOURI 43-1554045 (State or other jurisdictio ...

Financial Data and Key Metrics Changes - Order growth in Q3 2024 was substantial at 46%, resulting in a record backlog of nearly $890 million [12][4] - Sales increased by 5%, driven by 4% organic growth and a 1% contribution from the MPE acquisition [12] - Adjusted EBIT improved by 50 basis points, and adjusted EPS increased by over 6% [12] Business Segment Data and Key Metrics Changes - Aerospace & Defense segment saw order growth of 79%, with sales up nearly 11% [13] - Utility Solutions Group orders increased by 17%, with Doble delivering a 30% increase [14] - Test business orders increased by over 40%, although sales were down 5% on an organic basis [15] Market Data and Key Metrics Changes - The Utility Solutions Group experienced a modest sales growth, with orders for NRG decreasing by $4 million compared to last year's record [14] - The Test business showed sequential improvements in both sales and margins, with adjusted EBIT margins at 16.6% [11] Company Strategy and Development Direction - The company is reviewing strategic alternatives for its VACCO Space business, which has sales of approximately $55 million [9] - The addition of two new board members with deep utility industry backgrounds indicates a focus on expanding the Utility Solutions group [6][5] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the long-term prospects for the company, citing record backlogs and a strong outlook across all business platforms [18][4] - The company anticipates continued sequential growth in revenue and margins, particularly in the Test business [32] Other Important Information - The company completed regulatory filings for the Signature Management & Power acquisition, expecting to close the deal in Q1 of fiscal 2025 [18] - Adjusted EPS guidance for 2024 is set at $4.10 to $4.20, excluding potential profitability erosion from the VACCO space business [17] Q&A Session Summary Question: Navy orders and shipset content realization - Management indicated that recent Navy orders were primarily for spares, with larger orders anticipated in the future [20] Question: Revenue growth expectations for A&D segment - Management acknowledged the potential for double-digit revenue growth in the A&D segment, given the significant backlog [21] Question: Profitability of VACCO Space business - Management stated that the profitability of the VACCO Space business is below segment averages and is still under review [24] Question: Incremental improvements in the Test business - Management expects continued sequential growth in revenue and margins for the Test business, particularly in the U.S. market [32] Question: Factors affecting Utility Solutions Group performance - Management noted some softening in the renewable side compared to the previous year but highlighted strong growth in Doble's services and hardware [37]

1 ESCO Technologies Third Quarter FY 2024 Earnings Call Bryan Sayler President & CEO Chris Tucker Sr. Vice President & CFO August 7, 2024 Forward Looking Statement Statements in this presentation regarding Management's intentions, expectations and guidance for fiscal 2024, including restructuring and cost reduction actions, sales, orders, revenues, margin, earnings, Adjusted EPS, and any other statements which are not strictly historical, are "forward-looking statements" within the meaning of the safe harbo ...

Exhibit 99.1 NEWS FROM For more information contact: Kate Lowrey - VP of Investor Relations (314) 213-7277 / klowrey@escotechnologies.com ESCO REPORTS THIRD QUARTER FISCAL 2024 RESULTS - Q3 Orders increase 46% to $312 million / Book-to-Bill of 1.20x – - Q3 Sales increase 5% to $261 million - - Q3 GAAP EPS increases 5% to $1.13 - - Q3 Adjusted EPS increases 6% to $1.16 - ST. LOUIS, August 7, 2024 – ESCO Technologies Inc. (NYSE: ESE) (ESCO, or the Company) today reported its operating results for the third qu ...

St. Louis, Aug. 07, 2024 (GLOBE NEWSWIRE) -- ESCO Technologies Inc. (NYSE: ESE) (ESCO, or the Company) today reported its operating results for the third quarter ended June 30, 2024 (Q3 2024). Operating Highlights Q3 2024 Sales increased $12.1 million (5 percent) to $260.8 million compared to $248.7 million in Q3 2023. Q3 organic sales increased $8.7 million (4 percent) and the MPE acquisition contributed $3.4 million (1 percent) of revenue in the quarter. Q3 2024 GAAP EPS increased 5 percent to $1.13 per s ...

For those unable to participate, a webcast replay will be available after the call in the Investor Center of ESCO's website. ESCO is a global provider of highly engineered products and solutions serving diverse end-markets. It manufactures filtration and fluid control products for the aviation, Navy, space, and process markets worldwide and composite-based products and solutions for Navy, defense, and industrial customers. ESCO is an industry leader in designing and manufacturing RF test and measurement pro ...

Synopsis Historical Financial Analysis ESE's past financial results have demonstrated robust top-line growth. In 2021, it reported total net sales of approximately $715.40 million. In 2022, net sales grew 19.9% year-over-year to $857.5 million. This growth was driven by all three segments, which are Aerospace and Defence [A&D], Utility Solutions Group [USG], and RF Test & Measurement [Test]. Its A&D segment net sales increased 11.6%, which was driven by an increase in commercial aerospace sales as a result ...

St. Louis, July 08, 2024 (GLOBE NEWSWIRE) -- ESCO Technologies Inc. (NYSE: ESE) today announced that it has agreed to acquire the Signature Management & Power (or the "Business") business of Ultra Maritime for a purchase price of $550 million. The transaction will be funded through cash on hand and incremental debt, with committed financing in place. Signature Management & Power is a well-established, long-standing provider of mission-critical signature and power management solutions for submarines and surf ...

ESCO was represented by J.P. Morgan Securities LLC as exclusive financial advisor and Bryan Cave Leighton Paisner LLP as legal advisor on this transaction. Lazard served as sole financial advisor and Weil, Gotshal & Manges (London) LLP served as legal advisor to Ultra Maritime Signature Management & Power. Statements contained in this release regarding future growth, growth strategy, expectations, beliefs and benefits resulting from the acquisition, and other statements which are not strictly historical are ...