Crane NXT, Co. (CXT) Q3 2024 Earnings Call Transcript Summary
Crane NXT, Co. (CXT) Q3 2024 Earnings Call Transcript Summary
The company achieved an adjusted segment operating margin of approximately 27%, reflecting dilution from OpSec and an unfavorable product mix.The following is a summary of the Crane NXT, Co. (CXT) Q3 2024 Earnings Call Transcript:
以下是Crane NXt公司（股票代碼CXT）2024年第三季度業績會交易摘要:
Financial Performance:
財務業績:
For Q3 2024, Crane NXT reported a 14% increase in sales year-over-year, reaching approximately $400 million, with a core sales growth of about 5% excluding OpSec.
Adjusted EPS for the quarter was $1.16.
The company achieved an adjusted segment operating margin of approximately 27%, reflecting dilution from OpSec and an unfavorable product mix.
Adjusted free cash flow conversion was approximately 89%, impacted by the timing of shipments that increased working capital requirements at quarter end.
2024年第三季度，Crane NXt報告銷售同比增長14%，達到約$40000萬，核心銷售增長約5%，不包括OpSec。
本季度調整後每股收益爲$1.16。
公司實現調整後的業務部門營業利潤率約爲27%，反映了來自OpSec的攤薄效應和不利的產品組合。
調整後的自由現金流轉換率約爲89%，受到裝運時間的影響，在季末增加了運營資本需求。
Business Progress:
業務進展:
Crane NXT announced two significant acquisitions: De La Rue Authentication Solutions and Tru Tag's Smart Packaging technology, aiming to expand its portfolio in authentication technologies.
The company continues to successfully integrate OpSec, driving improvements in manufacturing and back-office processes using the Crane Business System.
Published its first ESG report, underlining its commitment to sustainability and good governance.
Crane NXt宣佈了兩項重大收購：De La Rue Authentication Solutions和Tru Tag的智能包裝技術，旨在擴大其在身份驗證技術領域的產品組合。
該公司繼續成功整合OpSec，利用Crane Business System推動製造和後勤流程的改進。
發佈了首份ESG報告，強調其對可持續發展和良好治理的承諾。
Opportunities:
機會：
The recent acquisitions of OpSec, De La Rue Authentication Solutions, and Tru Tag's Smart Packaging technology position Crane NXT to capitalize on the growing $3 billion authentication market.
最近收購了OpSec、De La Rue身份驗證解決方案以及Tru Tag的智能包裝技術，Crane NXt定位於在不斷增長的30億美元認證市場上獲利。
Risks:
風險：
No explicit risks/opportunities detected.
未檢測到明確的風險/機會。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
