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 ...

St. Louis, June 05, 2024 (GLOBE NEWSWIRE) -- ESCO Technologies Inc. (NYSE: ESE) announced today that Chris Tucker, Senior Vice President & CFO, will participate in a fireside chat on Wednesday, June 12, at the Wells Fargo Industrial Conference. The fireside chat webcast will begin at 2:15 Central Time and will be available in the Investor Center on the ESCO website or through this registration link. ESCO is a global provider of highly engineered products and solutions serving diverse end-markets. It manufac ...

St. Louis, June 05, 2024 (GLOBE NEWSWIRE) -- ESCO Technologies Inc. (NYSE: ESE) announced today that Chris Tucker, Senior Vice President & CFO, will participate in a fireside chat on Wednesday, June 12, at the Wells Fargo Industrial Conference. The fireside chat webcast will begin at 2:15 Central Time and will be available in the Investor Center on the ESCO website or through this registration link. ESCO is a global provider of highly engineered products and solutions serving diverse end-markets. It manufac ...

ESCO Technologies Inc. (NYSE:ESE) Q2 2024 Earnings Conference Call May 9, 2024 5:00 PM ET Company Participants Kate Lowrey - VP of IR Bryan Sayler - President and CEO Chris Tucker - SVP and CFO Conference Call Participants Tommy Moll - Stephens, Inc. Justin Ages - CJS Securities John Franzreb - Sidoti and Co. Operator Good day, and thank you for standing by. Welcome to the Second Quarter 2024 ESCO Technologies Earnings Call. [Operator Instructions] Please be advised that today's conference is being recorded ...

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 MARCH 31, 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 jurisdicti ...

NEWS FROM Exhibit 99.1 For more information contact: Kate Lowrey - VP of Investor Relations (314) 213-7277 / klowrey@escotechnologies.com ESCO REPORTS SECOND QUARTER FISCAL 2024 RESULTS - Q2 Sales increase 9% to $249 Million - - Q2 GAAP EPS increases 30% to $0.90 - - Q2 Adjusted EPS increases 24% to $0.94 - ST. LOUIS, May 9, 2024 – ESCO Technologies Inc. (NYSE: ESE) (ESCO, or the Company) today reported its operating results for the second quarter ended March 31, 2024 (Q2 2024). Operating Highlights Bryan S ...

ESCO Technologies (ESE) is a Zacks Rank #5 (Strong Sell) as earnings estimates have tracked lower after a recent earnings beat.  The company is best known for its software that enables the vision of what energy information can accomplish for a utility. This article will look at why this stock is a Zacks Rank #5 (Strong Sell) as it is the Bear of the Day.DescriptionESCO Technologies, Inc. is a producer of engineered products and systems, which engages in the provision of utility, industrial, aerospace, and c ...

ESCO Technologies Inc. (NYSE:ESE) Q1 2024 Earnings Conference Call February 8, 2024 5:00 PM ET Company Participants Kate Lowrey - Vice President of Investor Relations Bryan Sayler - President & Chief Executive Officer Chris Tucker - Senior Vice President & Chief Financial Officer Conference Call Participants Tommy Moll - Stephens John Franzreb - Sidoti & Company Jonathan Tanwanteng - CJS Securities Operator Good day, and thank you for standing by. Welcome to the First Quarter 2024 ESCO Technologies Earnings ...