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Kewaunee Scientific Corp - $KEQU STOCK NEWS

Welcome to our dedicated page for Kewaunee Scientific news (Ticker: $KEQU), a resource for investors and traders seeking the latest updates and insights on Kewaunee Scientific stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Kewaunee Scientific's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Kewaunee Scientific's position in the market.

Rhea-AI Summary
Kewaunee Scientific Corporation (NASDAQ: KEQU) reported its fiscal year 2024 third-quarter results, showing a decrease in sales but an increase in pre-tax earnings. The company's order backlog remained stable, and it saw improvements in domestic segment profitability. International sales declined due to non-recurring projects, but the company's overall performance was strong. Cash on hand and working capital increased, while debt levels decreased. The CEO expressed satisfaction with the financial performance and strategic execution.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.97%
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Rhea-AI Summary
Kewaunee Scientific Corporation (NASDAQ: KEQU) is set to unveil its third-quarter fiscal year 2024 financial results on March 6, 2024, after the market closes. The information will be accessible on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.44%
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conferences earnings
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Rhea-AI Summary
Kewaunee Scientific Corporation (NASDAQ: KEQU) announced results for its second quarter ended October 31, 2023. The company reported a decrease in sales by 7.6% compared to the prior year's second quarter, with a net earnings of $2,732,000. The order backlog was $146.3 million, and the company's total cash on hand was $21,711,000. The domestic segment saw a decrease of 10.0% in sales, while the international segment experienced a 1.9% decrease in sales. The company's debt-to-equity ratio improved to 0.99-to-1.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
29.27%
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Rhea-AI Summary
Kewaunee Scientific Corporation (NASDAQ: KEQU) to Release Q2 FY2024 Financial Results on Dec 6, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.39%
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conferences earnings
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Rhea-AI Summary
Kewaunee Scientific Corporation announces the launch of its new LOOKBOOK at the 2023 Arablab Live tradeshow and conference in Dubai. The LOOKBOOK showcases recent laboratory projects and highlights the Company's design and manufacturing capabilities. Kewaunee aims to set the standard for furnishing world-class laboratories.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.27%
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none
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Rhea-AI Summary
Kewaunee Scientific Corporation announces Q1 2024 results. Sales decrease by 0.6% to $49.8M. Pre-tax earnings improve to $3.4M from a loss of $340K. Net earnings improve to $2.5M from a loss of $747K. Order backlog decreases to $140.8M. Domestic sales decrease by 5.5% to $35.4M. International sales increase by 13.9% to $14.4M. Total cash on hand increases to $21.6M. Debt-to-equity ratio decreases to 1.05-to-1.
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End-of-Day
13.73%
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0.8%
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Rhea-AI Sentiment
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9.33%
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Rhea-AI Sentiment
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-1.84%
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Rhea-AI Sentiment
End-of-Day
1.04%
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Kewaunee Scientific Corp

Nasdaq:KEQU

KEQU Rankings

KEQU Stock Data

102.60M
2.13M
24.81%
33.69%
0.34%
Other Industrial Machinery Manufacturing
Manufacturing
Link
United States of America
STATESVILLE

About KEQU

kewaunee scientific corporation is a recognized leader in the design, manufacture, and installation of laboratory, technical and laminate furniture products. laboratory furniture products include both steel and wood cabinetry, fume hoods, adaptable modular systems, moveable workstations, environmentally friendly casework, biological safety cabinets and epoxy resin counters and sinks. technical furniture products include column systems, slotted-post systems, pedestal systems and stand-alone benches. laminate furniture includes laminate casework, systems and related products for educational, healthcare and industrial applications. the company's corporate headquarters are located in statesville, north carolina. three manufacturing facilities are located in statesville, nc serving the domestic and international markets. our manufacturing facility in bangalore, india serves the local and asian markets. the company also has subsidiaries in singapore and india.