Record Sales and Adjusted EPS
For the first time, quarterly sales exceeded $1 billion, and adjusted EPS was $0.91, both surpassing guidance.
Significant Order Growth
Organic orders increased by approximately 65%, driven by large orders for AI data center buildout.
Strong Performance in Infrastructure
Infrastructure led growth with organic sales up over 40%, particularly strong in data centers and power utilities.
Expansion and New Product Launches
66 new products launched year-to-date, contributing over 5 points to sales growth, with investments in four facilities to support data center and power utility growth.
Robust Cash Flow
Free cash flow was $253 million, up 77% year-over-year.
Improved Full-Year Outlook
Full-year sales and adjusted EPS guidance raised, with expected reported sales growth of 27% to 28%.