Colfax Reports First Quarter 2012 Results
Tuesday, May 15, 2012
Colfax Corporation announced its financial results for the
first quarter of 2012.
On a year-over-year basis, highlights for the first quarter
include after pre-tax expenses of $42.9 million of Charter acquisition-related
expense and $33.7 million of year-one acquisition-related amortization expense,
a net loss of $109.3 million ($1.33 per share) and adjusted net income of $25.5
million (23 cents per share).
Gas- and fluid-handling had a backlog of $1.37 billion at
period end. More...