Esab: Q2 Earnings Snapshot

August 9, 2022 GMT

NORTH BETHESDA, Md. (AP) _ Esab Corp. (ESAB) on Tuesday reported earnings of $55.2 million in its second quarter.

On a per-share basis, the North Bethesda, Maryland-based company said it had net income of 91 cents. Earnings, adjusted for one-time gains and costs, came to $1.08 per share.

The maker of welding and cutting equipment posted revenue of $661.2 million in the period.

Esab expects full-year earnings in the range of $3.85 to $4.05 per share, with revenue in the range of $2.45 billion to $2.5 billion.


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