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Enerpac Tool reports Q3 adjusted EBITDA was $39.7M vs $37.5M last year

Reports Q3 revenue $150.4M, one estimate $153.2M. “We were pleased with our continued progress in the quarter, particularly on capturing further margin expansion as we focus on driving enhanced operational efficiency and SG&A productivity,” said Paul Sternlieb, Enerpac Tool Group’s President & CEO. “While we experienced sequentially slower growth in the third quarter, we believe we are continuing to outpace the soft general industrial marketplace. Moreover, we continue to make solid progress toward our long-term financial and strategic objectives.”

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