Welcome to our dedicated page for Donaldson news (Ticker: DCI), a resource for investors and traders seeking the latest updates and insights on Donaldson stock.
Donaldson Inc (NYSE: DCI), a global leader in filtration systems and solutions, provides critical updates through this dedicated news hub. Investors and industry professionals will find authoritative coverage of corporate developments, including earnings announcements, product innovations, and strategic partnerships.
This resource serves as a comprehensive repository for all official communications and market-relevant updates. Users can expect timely information on quarterly financial results, new filtration technology launches, and sustainability initiatives, along with analysis of operational milestones across DCI's mobile, industrial, and life sciences divisions.
Key updates include developments in advanced air/liquid purification systems, industrial equipment efficiency improvements, and cross-sector engineering collaborations. The curated content enables stakeholders to track DCI's progress in addressing complex filtration challenges through its patented technologies.
Bookmark this page for direct access to verified information about Donaldson's market leadership in engineered filtration solutions. Check regularly for updates that impact long-term value creation in essential industries from transportation to pharmaceuticals.
Donaldson Company (DCI) reported a strong fiscal Q2 2023 with sales of $828.3 million, a 3.2% increase year-over-year. GAAP net earnings rose 19.8% to $86 million, leading to a GAAP EPS of $0.70, up 22.0%, and adjusted EPS of $0.75, up 32.0%. Gross margin improved to 34.3% due to pricing benefits, despite a 4.3% negative impact from currency translation. Donaldson anticipates a full-year GAAP EPS of $2.89 to $2.97, forecasting a sales increase of 2% to 6%. The Life Sciences segment faced a 15.6% decline, while Industrial Solutions saw a 12.8% increase. The Company expects ongoing margin improvement and double-digit earnings growth.
Donaldson Company, Inc. (NYSE: DCI) announced the acquisition of Isolere Bio, Inc., a biotechnology firm specializing in IsoTag™ reagents for biopharmaceutical purification. This strategic acquisition aims to enhance Donaldson's Life Sciences portfolio, focusing on the purification of viral vectors for cell and gene therapies. Isolere's innovative technology is expected to improve product quality and speed up delivery timelines for therapies. Donaldson plans to leverage synergies from previous acquisitions and its strong balance sheet to accelerate Isolere's growth.
Donaldson Company (NYSE: DCI) will host an Investor Day on April 4, 2023, at 8:00 a.m. CT in Bloomington, MN. CEO Tod Carpenter and CFO Scott Robinson will present the company's strategies, growth drivers, and financial objectives, along with initiatives in innovation and ESG. The event will feature formal presentations, Q&A sessions, and a luncheon with leadership. Registration for in-person attendance is required due to limited space. The Investor Day will also be webcasted on Donaldson’s Investor Relations website.
Founded in 1915, Donaldson specializes in filtration solutions across various industries.
Donaldson Company, Inc. (NYSE: DCI) announces a webcast for its Q2 2023 earnings conference call on March 1, 2023, at 9:00 a.m. CT. Investors can access the live webcast via the ‘Events & Presentations’ section on the Investor Relations website. The replay will begin at approximately 12:00 p.m. CT on the same day. Founded in 1915, Donaldson is a global leader in filtration solutions, offering products across various industries.
Donaldson Company (NYSE: DCI) announced a regular cash dividend of 23.0 cents per share, payable on February 27, 2023, to shareholders of record as of February 10, 2023. This marks Donaldson's 27th consecutive year of annual dividend increases and reflects its commitment to returning value to shareholders. The company has a longstanding history of paying quarterly cash dividends for 67 years and is included in the S&P High-Yield Dividend Aristocrats Index.
Donaldson Company (NYSE: DCI) has unveiled the Torit® Downflo® Ambient (DFA) weld fume extractor, catering to facilities with limited overhead space. This innovative solution allows for flexible installation in various workstation setups without the need for duct work. The DFA integrates advanced Ultra-Web® media technology, ensuring effective fume collection and long filter life. It includes an easy-to-maintain dust disposal system and tool-free access for filter changes. Donaldson aims to enhance welding operations with this product, contributing to a comprehensive portfolio for weld fume mitigation.
Donaldson Company, Inc. (NYSE: DCI) has launched Managed Filtration Services, a new consultative solution for industrial filtration customers. This service integrates Donaldson's proprietary iCue™ technology to provide comprehensive, condition-based maintenance and repair services for filtration equipment. It builds on previous offerings like the subscription-based iCue Connected Filtration Service and the iCue Monitor Service. The customizable plans help ensure optimal performance and compliance, enhancing Donaldson's goal of delivering best-in-class equipment and support in the industrial sector.
Donaldson Company reported a robust performance for the first quarter of 2023 with sales rising 11.4% to $847.3 million compared to the same period last year. GAAP net earnings reached $87.2 million, marking a 13.1% increase. GAAP EPS increased by 15.3% to $0.70, while adjusted EPS rose 22.9% to $0.75. The company reaffirmed its fiscal 2023 outlook, projecting record sales and earnings driven by strong demand and pricing, despite potential challenges from currency fluctuations and economic uncertainties.
Donaldson Company (NYSE: DCI) announced that CEO Tod Carpenter will present at the Credit Suisse 10th Annual Industrials Conference on December 1, 2022, at 10:15 a.m. EST. Investors can listen to the live webcast on Donaldson’s Investor Relations website under the 'Events & Presentations' section. A replay will be accessible for 90 days post-event. Founded in 1915, Donaldson is a leader in filtration solutions, serving various industries globally, dedicated to addressing complex filtration challenges for a cleaner world.
Donaldson Company, Inc. (NYSE: DCI) announced a regular cash dividend of 23.0 cents per share, payable on December 20, 2022, to shareholders of record by December 5, 2022. This marks the 27th consecutive year of annual dividend increases, showcasing the company's commitment to returning value to its shareholders. Donaldson is part of the S&P High-Yield Dividend Aristocrats Index and has a history of paying dividends for 67 years.
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