Enerpac Tool reports Q3 adjusted EPS 51c vs. 47c last year

Reports Q3 revenue $158.7M vs. $150.4M last year. “Enerpac’s results in the third quarter continued to reflect our ability to outperform the soft industrial sector with organic revenue growth of 2% and total revenue growth of 6%,” said Paul Sternlieb, Enerpac Tool (EPAC) Group’s president and CEO. “While we are cognizant of continuing economic uncertainty and geopolitical risk, we believe Enerpac is well suited to navigate the current environment given our brand strength, breadth and depth of product offering, extensive channel partner network, strong balance sheet, continuous improvement process, implementation of Enerpac Commercial Excellence (ECX), and customer-focused innovation.”