Circor reports Q4 adjusted EPS 77c vs. 46c last year

Reports Q4 revenue $215M vs. 204.9M last year. President and CEO Tony Najjar said, "Our strong Q4 performance capped a solid year for CIRCOR, reflecting disciplined strategic execution by our entire team. For the Q4 organic orders increased 19% driven by our Industrial segment, which benefited from aftermarket growth in core Industrial and a positive downstream market. For the FY22, we delivered 12% organic orders growth driven by aftermarket strength in both segments, commercial aerospace recovery, new products for defense and hydrogen applications, downstream, and value pricing. Our backlog at year end was up 22% to a record $543M."