– New PDUFA action date of December 26, 2024 allows FDA additional time to complete their review – "Revumenib, upon approval, will be the first drug indicated to treat patients with KMT2A-rearranged acute leukemia, a population with significant unmet need," said Michael A. Metzger, Chief Executive Officer. "We are confident that the data from the AUGMENT-101 trial, as well as the additional information provided to the FDA, support approval and continue to demonstrate the meaningful benefit revumenib brings ...

Details of the conference call and webcast are as follows: With over 80 years as an industrial technology leader, Kennametal Inc. delivers productivity to customers through materials science, tooling and wear-resistant solutions. Customers across aerospace and defense, earthworks, energy, general engineering and transportation turn to Kennametal to help them manufacture with precision and efficiency. Every day approximately 8,700 employees are helping customers in nearly 100 countries stay competitive. Kenn ...

Discover innovative tooling solutions, machining demonstrations, giveaways and more at the Kennametal booth "Our Metal Cutting Tour has been wildly successful in engaging with our customers. We're building on this success by bringing the same experience to IMTS with Metal Mania," said Eddie McBarnet, Vice President of Commercial & Marketing, Kennametal. "Attendees can meet with our team of likeminded creators and experts, connect with well-known industry machinists, be the first to discover exclusive new to ...

Image Source: Zacks Investment Research Escalating Costs: Rising operating expenses pose a concern for KMT. In the first nine months of fiscal 2024 (ended March 2024), the company's operating expenses increased year over year due to higher compensation expenses. The impact of these expenditures is evident in the rise of operating expenses as a percentage of total revenues, which climbed 40 basis points to reach 21.8%. In the same period, the company's operating margin decreased 170 basis points due to headw ...

PITTSBURGH, June 11, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) ("the Company") announced today that it has resumed operations at its facility in Rogers, AR, following a previous shutdown due to damage from a tornado on May 26. The Company continues to assess the financial effects of the storm and is working with its insurance carrier. About Kennametal SOURCE Kennametal Inc. "The restart of our Rogers facility is a testament to the great teamwork of our local team and the tremendous support and coordi ...

PITTSBURGH, May 28, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) ("the Company") announced today that its production facility in Rogers, AR, sustained damage early Sunday morning from a tornado that also affected the larger Rogers community. At the time of the storm, the facility was shut down for the holiday weekend and no employees were onsite. The extent of the damage is currently being assessed. "Our thoughts are with our employees and everyone in the community affected by this storm," said Sanjay C ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q 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 1-5318 KENNAMETAL INC. (Exact name of registrant as specified in its charter) Pennsylvania 25-0900168 (State o ...

Kennametal Inc. (KMT) reported third-quarter fiscal 2024 (ended Mar 31, 2024) adjusted earnings of 30 cents per share, which missed the Zacks Consensus Estimate of 31 cents. The bottom line decreased 23.1% from the year-ago figure.Revenue DetailsKennametal’s revenues were $515.8 million, which decreased 3.8% from the year-ago quarter’s figure. Organic sales declined 2% year over year. Business days had a negative impact of 1%. Currency exchange negatively affected sales by 1%.KMT’s revenues missed the Zacks ...

PITTSBURGH, May 9, 2024 /PRNewswire/ --  Kennametal Inc. (NYSE: KMT) announced today that they will attend the KeyBanc 2024 Industrials and Basic Materials Conference in Boston. Details of the conference are as follows: When:        May 29, 2024 Attendees:  Patrick Watson, Vice President and Chief Financial Officer Franklin Cardenas, Vice President Kennametal Inc., President Infrastructure Michael Pici, Vice President, Investor Relations About KennametalWith over 80 years as an indus ...

Kennametal Inc. (NYSE:KMT) Q3 2024 Earnings Conference Call May 8, 2024 9:30 AM ET Company Participants Michael Pici - Vice President of Investor Relations Christopher Rossi - President and Chief Executive Officer Pat Watson - Vice President and Chief Financial Officer Sanjay Chowbey - Vice President and President of Metal Cutting Franklin Cardenas - Vice President and President of Infrastructure Conference Call Participants Steve Volkmann - Jefferies Angel Castillo - Morgan Stanley Julian Mitchell – Barcla ...