Welcome to our dedicated page for Kennametal news (Ticker: KMT), a resource for investors and traders seeking the latest updates and insights on Kennametal stock.
Kennametal Inc (NYSE: KMT) delivers innovative metal cutting tools and wear-resistant solutions for industrial sectors worldwide. This news hub provides investors and industry professionals with timely updates on corporate developments, strategic initiatives, and operational milestones.
Access comprehensive coverage of Kennametal's latest press releases, product innovations, and market positioning. Our curated collection ensures you stay informed about earnings announcements, leadership updates, and technological advancements in materials science and manufacturing efficiency.
Key updates include quarterly financial results, partnership agreements, sustainability efforts, and global expansion activities. Bookmark this page for direct access to verified information from one of industrial technology's most established providers.
Kennametal Inc. reported its fiscal 2024 third-quarter results, with sales of $516 million, a decrease from the prior year. The company's EPS was $0.24, with adjusted EPS at $0.30. Despite market challenges, cash from operations was strong at $163 million. Key developments include restructuring savings of $6 million and operating income of $35 million. The Company's full-year outlook has been adjusted to align with market conditions, focusing on driving share gain and productivity.
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