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Hillenbrand Reports Fiscal Third Quarter 2025 Results
- Hillenbrand, Inc. reported net revenue of $599 million for the fiscal third quarter, a decrease of 24% compared to the prior year due to the divestiture of the MIME business and lower capital equipment volume in APS, partially offset by favorable pricing.
- The GAAP net income for Hillenbrand, Inc. was $2 million, or $0.03 per share, an increase from a loss of $ per share in the prior year, primarily due to a non-cash impairment charge recorded in the previous fiscal year.
- Hillenbrand, Inc. used proceeds from the MIME divestiture and the sale of its minority interest in TerraSource to reduce debt by over $300 million during the fiscal year.
- On July 1, 2025, Hillenbrand, Inc. completed the divestiture of its minority stake in TerraSource to Astec Industries for approximately $245 million.
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49 Articles
Buffalo News+46 Reposted by 46 other sources
Hillenbrand Reports Fiscal Third Quarter 2025 Results
Revenue of $599 million decreased 24% compared to prior year; pro forma revenue decreased 10%GAAP EPS of $0.03 increased from $(3.53) in the prior year; adjusted EPS of $0.51 decreased 40% compared to prior yearAchieved $30 million of run-rate cost…
·Buffalo, United States
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Coverage Details
Total News Sources49
Leaning Left4Leaning Right9Center13Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
15%
C 50%
R 35%
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