Welcome to our dedicated page for ESAB news (Ticker: ESAB), a resource for investors and traders seeking the latest updates and insights on ESAB stock.
ESAB Corporation (ESAB) delivers innovative welding and cutting solutions for global industrial markets. This news hub provides investors and professionals with essential updates on corporate developments, financial performance, and technological advancements.
Access timely press releases covering earnings reports, product innovations, strategic partnerships, and operational milestones. Our curated collection serves as a centralized resource for understanding ESAB's market position in metal fabrication and industrial equipment sectors.
Key updates include manufacturing expansions, sustainability initiatives, and leadership announcements. All content is verified through official corporate channels to ensure accuracy and relevance for decision-makers in construction, energy, and advanced manufacturing industries.
Bookmark this page for ongoing access to ESAB's latest developments. Combine these updates with fundamental analysis tools to maintain informed perspectives on this industrial technology leader.
ESAB Corporation (NYSE: ESAB) has acquired Ohio Medical, a leader in oxygen regulators and central gas systems, for $127 million. This acquisition is expected to enhance ESAB's market presence in North America, increase revenues to over $400 million, and be accretive to adjusted EPS in the first year. Ohio Medical generated over $45 million in sales with gross margins exceeding 40% in the past year. The deal is financed using cash on hand, maintaining a net leverage ratio below 3x at year-end 2022. Details will be shared during the earnings call on November 3, 2022.
ESAB Corporation announced it will release its financial results for the third quarter of 2022 on November 3, 2022, at 8:00 a.m. Eastern. A conference call will follow, accessible to the public via phone or through a webcast on the company’s website. ESAB is a leader in fabrication and specialty gas control technology, providing advanced equipment and digital solutions. The financial results release and additional materials will be available on ESAB’s Investors section prior to the call.
ESAB Corporation (NYSE: ESAB) announced a quarterly cash dividend of $0.05 per share, payable on October 14, 2022, to shareholders of record as of September 30, 2022. This dividend reflects the company's commitment to returning value to its shareholders.
ESAB Corporation reported second quarter 2022 results, achieving record sales of $661.2 million, a 5% increase, supported by 9% organic growth. Adjusted EBITDA rose 6% to $110.5 million, with margins expanding slightly. The company reaffirmed its full-year guidance, anticipating $2.45-$2.50 billion in sales and adjusted EPS of $3.85-$4.05. A successful extension of a $600 million term loan was completed, enhancing financial flexibility. ESAB aims to leverage new product innovation, including a new partnership with Hexagon, to drive future growth.
ESAB Corporation (NYSE: ESAB) has announced that it will release its second quarter 2022 financial results on August 9, 2022, with a conference call starting at 8:00 a.m. Eastern. Investors can access the call by dialing +1-888-550-5302 (U.S.) or +1-646-960-0685 (International) and using conference ID 4669992. The results and any supplemental information will be available on the Company’s website prior to the call, along with a replay link.
ESAB is a leader in fabrication and specialty gas control technology.
ESAB Corporation (NYSE: ESAB) announced that President & CEO Shyam P. Kambeyanda and CFO Kevin Johnson will present at the UBS Global Industrials and Transportation Conference on June 7, 2022, at 8:50 a.m. EDT in New York City. The event will be live-streamed on ESAB's website, where replays will also be available afterward. As a leader in fabrication and specialty gas control technology, ESAB provides advanced equipment and digital solutions that impact various industries. Investors can find more information on the company's website.
ESAB Corporation (NYSE: ESAB) has declared a quarterly cash dividend of $0.05 per share for its common stock. This dividend is scheduled for payment on July 18, 2022, to shareholders on record as of July 1, 2022. This announcement reflects ESAB's commitment to returning value to shareholders through dividends, demonstrating financial stability within the specialty gas control technology sector.
ESAB Corporation reported impressive first-quarter results for 2022, with a net income from continuing operations of $58.4 million, translating to $0.96 per share. The company achieved record sales of $648 million, a 14% increase, bolstered by 18% organic growth. Adjusted EBITDA rose to $109 million, a 16% annual growth. Following a successful separation from Enovis Corporation, ESAB reaffirmed 2022 sales guidance of $2.45-$2.50 billion. The CEO noted strong demand for their innovative solutions, emphasizing the focus on long-term shareholder value.
ESAB Corporation (NYSE: ESAB) has launched InduSuite, a comprehensive software portfolio aimed at enhancing workflow and operational efficiency for manufacturers and fabricators. InduSuite provides users with access to real-time performance data, accountability, and control over metal fabrication processes. Notable customer successes include a significant increase in welding hours and productivity metrics. The applications, which integrate seamlessly with existing systems, are designed for users of all experience levels and operate on Microsoft Azure for optimal security and reliability.
ESAB Corporation (NYSE: ESAB) announced it will release its financial results for Q1 2022 on May 10, 2022, with a subsequent conference call at 9:00 a.m. Eastern. The call will be accessible to the public via phone and webcast on their website. The results and any supplemental information will be available under the ‘Investors’ section of their site before the call. A replay of the call will also be posted later that day, allowing stakeholders to review the financial performance at their convenience.
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