Reports Q4 revenue $399.1M, consensus $405.46M. Aaron Saak, Crane NXT’s (CXT) president, and CEO stated: “We delivered 2024 results in line with our expectations, with sales growth of approximately 7%, adjusted segment operating margin of approximately 27%, and adjusted EPS of $4.26. We reached a record-high backlog in Crane Currency during 2024, and in CPI we delivered mid-single-digit growth excluding gaming. We also significantly increased our leadership in the authentication market, with the OpSec integration progressing as expected and the acquisition of De La Rue Authentication Solutions on track to close in the second quarter.”
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CXT:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue