Crane NXT reports Q1 adjusted EPS 85c, consensus 84c

Reports Q1 revenue $313.6M, consensus $311.72M. Aaron Saak, Crane NXT’s president and CEO, stated: “In the first quarter, we made meaningful progress advancing our strategy and executing on our plan to grow sales to $3 billion by 2028. With the acquisition of OpSec Security, we believe we have an industry-leading portfolio of digital and physical authentication and brand protection solutions, strengthening our position as a market leader providing trusted technology solutions to secure, detect and authenticate our customers’ most valuable assets.”