Colfax Reports First Quarter 2012 Results

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...