Reports Q1 revenue $847.3M, consensus $827.04M. "I am pleased with Donaldson’s Q1 earnings results which reflect the solid pricing and operational foundation our team built upon throughout fiscal 2022," said Tod Carpenter, chairman, president and CEO. "This quarter, we delivered solid results including strong incremental margins and free cash flow conversion driven by gross margin expansion and expense leverage. We also readied for future growth through the implementation of our organizational redesign and strategic investments including those in capacity, technology, and the scaling of our recent acquisitions."
Published first on TheFly
