Regal Rexnord Corporation (RRX) Tops Q4 EPS by 25c, Offers Guidance
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REGAL REXNORD CORPORATION REPORTS STRONG FOURTH QUARTER 2022 FINANCIAL RESULTS
February 1, 2023 4:30 PM ESTBELOIT, Wis. , Feb. 1, 2023 /PRNewswire/ --  Regal Rexnord Corporation (NYSE: RRX)
Fourth Quarter Highlights
Announced Transformational Acquisition Of Altra Industrial Motion Corp. ("Altra")Announced Strategic Review Of Alternatives For The Global Motors And Generators Portion Of Our Industrial Systems SegmentSales Up 2% Versus PY And Up 4% On An Organic Basis*Backlog Remains Elevated, Up 45% Versus Beginning Of 2021GAAP Net Income Increased $104.6 Million Versus PY To $102.7 Million; Adjusted EBITDA Margin* Up 310 Basis Points Versus PY To... More