Overview

• Adjusted EPS came in at $0.45 versus a $0.34 consensus, with sales of $955.7 million topping estimates.
• Net sales rose 8.2% to $961.8 million, and orders increased 11.1% to $1.04 billion, signaling solid demand.
• Gross margin declined by about 40 basis points, largely tied to roughly $7 million in tariff-related expenses.
• Special charges totaled $16.9 million from restructuring and purchase accounting amortization, while adjusted operating margin slipped to 7.5% from 8.3%.
• Q2 guidance calls for EPS of $0.38 to $0.44 and sales of $926 million to $966 million, and shares closed at $16.96, down 10.83%.