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 and synergies across the enterprise Updated Outlook: FY24 adjusted EPS of $3.20 -$ 3. ...