Crane NXT reports Q2 adjusted EPS 97c, consensus 95c

Reports Q2 revenue $404.4M, consensus $383.16M. Aaron Saak, Crane NXT’s (CXT) President and Chief Executive Officer, stated: “Our second quarter results were in line with our expectations, with sales growth of approximately 9% and adjusted segment operating profit margin of approximately 24%. We are excited about the continued record high backlog in international currency and the positive momentum in CPI gaming orders.”