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Hillenbrand(HI) - 2024 Q3 - Quarterly Results
HIHillenbrand(HI)2024-08-07 20:23

Exhibit 99.1 Hillenbrand Hillenbrand Reports Fiscal Third Quarter 2024 Results • Revenue of $787 million increased 10% compared to prior year; organic revenue decreased 8% • GAAP EPS of $(3.53) decreased from $0.60 in the prior year primarily due to non-cash impairment charges of $265 million; adjusted EPS of $0.85 decreased 11% compared to prior year • Previously announced restructuring program remains on track to deliver $20 million in annual run-rate savings in FY25; accelerating additional cost actions ...