Welcome to our dedicated page for Enpro news (Ticker: NPO), a resource for investors and traders seeking the latest updates and insights on Enpro stock.
Enpro Inc delivers engineered industrial solutions through sealing technologies, advanced surface treatments, and wheel-end components critical to automotive, energy, and manufacturing sectors. This page serves as a comprehensive resource for tracking the company’s latest developments, financial disclosures, and strategic initiatives.
Access real-time updates on earnings announcements, product innovations, and operational milestones. Investors and industry professionals will find curated press releases covering acquisitions, leadership changes, and technological advancements that shape Enpro’s market position.
All content is rigorously verified to ensure accuracy and relevance. Bookmark this page to stay informed about Enpro’s progress in developing mission-critical solutions for industrial applications worldwide. Regular updates provide insights into how the company maintains its leadership in precision engineering and global manufacturing.
EnPro Industries, Inc. (NYSE: NPO) will present at the Sidoti Fall 2022 Small-Cap Virtual Conference on September 21, 2022, at 3:15 p.m. Eastern Time. The presentation will be led by Eric Vaillancourt, President and CEO, along with James Gentile, Vice President of Investor Relations. Interested parties can access the webcast on the company's website at www.enproindustries.com. EnPro focuses on critical applications across various sectors, including semiconductor, aerospace, and life sciences.
EnPro Industries, Inc. (NYSE: NPO) has appointed Will Abbey to its Board of Directors, enhancing the board's expertise in the semiconductor industry. Abbey, with over 25 years of experience, is currently Senior VP at Arm and has held various leadership roles since joining in 2004. Chairman David Hauser noted Abbey's technological and commercial acumen will significantly contribute to EnPro's growth strategy, particularly in the Advanced Surface Technologies segment. EnPro operates across multiple end-markets, including semiconductor and industrial applications.
EnPro Industries (NYSE: NPO) has announced the sale of its GGB business to The Timken Company for $305 million, expected to close by year-end, pending regulatory approvals. This divestiture aligns with EnPro's strategy to focus on its Advanced Surface Technologies and Sealing Technologies segments, which have strong aftermarket exposure and recurring revenue. The company anticipates net proceeds of approximately $290 million from GGB and its Garlock Pipeline Technologies unit. This move aims to enhance financial flexibility and drive sustainable growth.
EnPro Industries, Inc. (NYSE: NPO) reported a strong Q2 2022, with sales rising 11.6% to $333.3 million and organic sales increasing 9.5%. Net income grew to $33.1 million, and adjusted EBITDA soared by 43.4% to $82.0 million, marking a 24.6% EBITDA margin. Diluted EPS was $1.59, up from $1.41. The company raised its revenue and adjusted EBITDA guidance for 2022 to low-to-mid double digits and $270-$280 million, respectively. Challenges included inflation and supply chain issues, but demand in key markets remains robust.
EnPro Industries, Inc. (NYSE: NPO) has declared a quarterly dividend of $0.28 per share, payable on September 14, 2022, to shareholders recorded by the close of business on August 31, 2022. EnPro is recognized for its technological contributions across various sectors including semiconductor, aerospace, and life sciences. The company's commitment to shareholder returns is evident through this dividend declaration, highlighting its financial health and operational focus.
EnPro Industries, Inc. (NYSE: NPO) will release its second quarter 2022 financial results on August 2 at 6:30 a.m. Eastern Time. The CEO Eric Vaillancourt and CFO Milt Childress will discuss the performance at an earnings call scheduled for 8:30 a.m. Eastern Time. A live webcast and phone access will be available for participants. Further details and financial results will be posted on the company’s website.
EnPro Industries, Inc. (NYSE: NPO) reported Q1 2022 net sales of $328.7 million, a 17.7% increase year-over-year, with organic sales up 13.5%. Net income was $16.2 million, down 10% from last year, while adjusted diluted earnings per share rose 33.6% to $1.83. Adjusted EBITDA increased 30.6% to $67.9 million, with a margin of 20.7%. The company anticipates low double-digit revenue growth and adjusted EBITDA of $263-$275 million for 2022, despite inflationary pressures. EnPro’s diversification in sectors like semiconductor and aerospace contributed to strong demand.
EnPro Industries, Inc. (NYSE: NPO) has announced a quarterly dividend of $0.28 per share, payable on June 15, 2022. Shareholders on record as of June 1, 2022 will be eligible for this payment. EnPro specializes in industrial technology across various sectors, including semiconductor, aerospace, and life sciences, indicating a strong commitment to returning value to its shareholders through regular dividends.
EnPro Industries, Inc. (NYSE: NPO) will present at Oppenheimer's 17th Annual Industrial Growth Conference on May 3, 2022, at 10:30 a.m. ET. The presentation will be led by Eric Vaillancourt, President and CEO, and Milt Childress, Executive VP and CFO. Investors can view the webcast on the company’s website. EnPro serves diverse markets including semiconductor, aerospace, and life sciences, highlighting its focus on industrial technology.
EnPro Industries, Inc. (NYSE: NPO) will announce its Q1 2022 financial results on May 2 at 8:30 a.m. ET. Company leadership, including CEO Eric Vaillancourt and CFO Milt Childress, will discuss the performance during a live webcast and conference call, accessible via phone at 1-877-407-0832 with access code 13714141. Financial details and presentation slides will be available on their website.
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