Regal Rexnord Corporation (RRX) Tops Q2 EPS by 10c
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NEWLY TRANSFORMED REGAL REXNORD REPORTS STRONG SECOND QUARTER 2023 FINANCIAL RESULTS; THREE MONTHS IN, ALTRA INTEGRATION & SYNERGY REALIZATION GOING VERY WELL
July 31, 2023 4:13 PM EDTBELOIT, Wis., July 31, 2023 /PRNewswire/ --Â Regal Rexnord Corporation (NYSE: RRX)
Second Quarter Highlights
Strong Free Cash Flow* Of $176.3 Million; Net Debt To Normalized Adjusted EBITDA* Reduced To 3.86Sales Up 31.1% Versus PYGAAP Net Income Decreased $110 Million Versus PY To $33.2 Million; Adjusted EBITDA* Increased 34% Versus PY To $379.7 Million, And Adjusted EBITDA Margin* Increased 50bps Versus... More