CXT

Crane NXT, Co. Announces Appointment of Hans Lidforss as Senior Vice President of Strategy

Retrieved on: 
Wednesday, February 28, 2024

Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced it has appointed Hans Lidforss as Senior Vice President of Strategy.

Key Points: 
  • Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced it has appointed Hans Lidforss as Senior Vice President of Strategy.
  • In this new role, Mr. Lidforss will be responsible for advancing the Company’s strategy and creating new avenues for growth, including identifying and executing opportunities for M&A, growth ventures, and partnerships.
  • Mr. Lidforss will report directly to Aaron W. Saak, President and CEO, Crane NXT.
  • Prior to Sensata, Mr. Lidforss was Senior Vice President, Corporate Strategy at Taleo where he developed strategies and led M&A activities to expand the product portfolio into new business and market segments.

Crane NXT, Co. Announces Dates For Fourth Quarter and Full Year 2023 Earnings Release and Earnings Call

Retrieved on: 
Wednesday, January 17, 2024

Crane NXT, Co. (NYSE: CXT), ("Crane NXT" or the "Company"), a premier industrial technology company, announces its schedule for fourth quarter and full year 2023 results.

Key Points: 
  • Crane NXT, Co. (NYSE: CXT), ("Crane NXT" or the "Company"), a premier industrial technology company, announces its schedule for fourth quarter and full year 2023 results.
  • Earnings Release: February 14, 2024, after close of market by public distribution and the Crane NXT, Co. website at www.cranenxt.com .
  • The earnings call can be accessed via the investor relations section of the Company’s website or by dialing 877-407-6184 or +1-201-389-0877.
  • An accompanying slide presentation and a replay of the live event will also be available on the Company’s website.

Crane NXT, Co. Announces Participation in CJS Securities Conference

Retrieved on: 
Thursday, January 4, 2024

Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, announced that it will participate virtually in the CJS Securities 24th Annual “New Ideas for the New Year” Conference on January 10, 2024.

Key Points: 
  • Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, announced that it will participate virtually in the CJS Securities 24th Annual “New Ideas for the New Year” Conference on January 10, 2024.
  • Aaron Saak, President and Chief Executive Officer, and Christina Cristiano, Senior Vice President and Chief Financial Officer, will present at 1:35pm Eastern Time on January 10, 2024.
  • The live webcast of the presentation and a replay of the event will be available on Crane NXT’s investor relations website .
  • The Company will also be available for virtual investor meetings at the conference.

Crane NXT, Co. Announces Strong Third Quarter Results; Narrows Full Year Guidance

Retrieved on: 
Monday, November 6, 2023

GAAP operating profit margin was 22.6% and Adjusted operating profit margin was 26.0%, an increase of 10 basis points year-over-year.

Key Points: 
  • GAAP operating profit margin was 22.6% and Adjusted operating profit margin was 26.0%, an increase of 10 basis points year-over-year.
  • Mr. Saak continued: "Our strong cash flow enabled us to repay $125 million of outstanding debt in the quarter.
  • Third quarter 2023 sales were $352.9 million, an increase of $17.8 million, or 5.3%, compared with the third quarter of 2022.
  • Third quarter 2023 operating profit was $79.7 million, compared with $78.0 million in the third quarter of 2022.

Crane NXT, Co. Announces Participation in Baird Global Industrial Conference

Retrieved on: 
Wednesday, October 25, 2023

Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, announced that it will participate in Baird’s Global Industrial Conference on November 8, 2023, in Chicago, IL.

Key Points: 
  • Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, announced that it will participate in Baird’s Global Industrial Conference on November 8, 2023, in Chicago, IL.
  • Aaron Saak, President and Chief Executive Officer, and Christina Cristiano, Senior Vice President and Chief Financial Officer, will present at 9:40am Central Time on November 8, 2023.
  • The live webcast of the presentation and a replay of the event will be available on Crane NXT’s investor relations website .
  • The Company will also be available for investor meetings at the conference.

Crane NXT, Co. Announces Dates For Third Quarter 2023 Earnings Release and Earnings Call

Retrieved on: 
Tuesday, October 10, 2023

Crane NXT, Co. (NYSE: CXT), ("Crane NXT" or the "Company"), a premier industrial technology company, announces the following schedule and teleconference information for its third quarter 2023 earnings release:

Key Points: 
  • Crane NXT, Co. (NYSE: CXT), ("Crane NXT" or the "Company"), a premier industrial technology company, announces the following schedule and teleconference information for its third quarter 2023 earnings release:
    Earnings Release: November 6, 2023, after close of market by public distribution and the Crane NXT, Co. website at www.cranenxt.com .
  • Earnings Call: November 7, 2023, at 10:00 AM (Eastern Time) hosted by Aaron W. Saak, President & CEO, and Christina Cristiano, Senior Vice President & CFO.
  • The earnings call can be accessed via the investor relations section of the Company’s website or by dialing 877-407-6184 or +1-201-389-0877.
  • An accompanying slide presentation and a replay of the live event will also be available on the Company’s website.

Crane NXT, Co. Announces Participation in D.A. Davidson’s 22nd Annual Diversified Industrials & Services Conference

Retrieved on: 
Tuesday, September 12, 2023

Crane NXT, Co. (NYSE: CXT), a premier industrial technology company, announced that it will participate in D.A.

Key Points: 
  • Crane NXT, Co. (NYSE: CXT), a premier industrial technology company, announced that it will participate in D.A.
  • Davidson’s 22nd Annual Diversified Industrials and Services Conference , September 20-22, 2023, in Nashville, TN.
  • Aaron Saak, Chief Executive Officer, and Christina Cristiano, Senior Vice President and Chief Financial Officer, will participate in a fireside chat at 2:45pm Central Time on September 21, 2023.
  • The live webcast of fireside chat and a replay of the event will be available on the Company’s investor relations website .

Crane NXT, Co. Announces Appointment of Rima Hyder as Head of Investor Relations

Retrieved on: 
Tuesday, August 29, 2023

Crane NXT, Co. (NYSE: CXT), ("Crane NXT" or the "Company"), a premier industrial technology company, announced that it has appointed Rima Hyder as Vice President, Investor Relations (IR).

Key Points: 
  • Crane NXT, Co. (NYSE: CXT), ("Crane NXT" or the "Company"), a premier industrial technology company, announced that it has appointed Rima Hyder as Vice President, Investor Relations (IR).
  • Hyder will lead the IR function after a transition period with Jason Feldman, Vice President, IR for Crane Company.
  • I would like to personally thank Jason for his exceptional work leading the investor relations functions for both Crane Company and Crane NXT since the separation.
  • Prior to that Hyder served as SVP of Investor & Media Relations at FactSet, a global provider of integrated financial information.

Crane NXT, Co. Announces Appointment of David D. Petratis to Board of Directors

Retrieved on: 
Thursday, July 27, 2023

Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, announced that its Board of Directors has appointed David D. Petratis as a Director of Crane NXT.

Key Points: 
  • Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, announced that its Board of Directors has appointed David D. Petratis as a Director of Crane NXT.
  • Mr. Petratis has built a career as an Executive Leader and Board Director of multinational technology-focused companies.
  • John S. Stroup, Chairman of the Crane NXT Board, said: “David’s extensive experience managing and advising post-separation companies, along with his expertise in business strategy development and acquisitions, will be an invaluable addition to the Crane NXT Board.
  • I am delighted to welcome him to the Board, and l look forward to working with him as Crane NXT continues to successfully execute on its growth strategy.”

Crane NXT, Co. Announces Date for Second Quarter 2023 Earnings Release and Teleconference

Retrieved on: 
Tuesday, July 18, 2023

Crane NXT, Co. (NYSE: CXT) announces the following schedule and teleconference information for its second quarter 2023 earnings release:

Key Points: 
  • Crane NXT, Co. (NYSE: CXT) announces the following schedule and teleconference information for its second quarter 2023 earnings release:
    Earnings Release: August 7, 2023 after close of market by public distribution and the Crane NXT, Co. website at www.cranenxt.com .
  • Teleconference: August 8, 2023 at 10:00 AM (Eastern) hosted by Aaron W. Saak, President & CEO, and Christina Cristiano, Senior Vice President & CFO.
  • The call can be accessed in a listen-only mode via the Company’s website www.cranenxt.com .
  • Web Replay: Will be available on the Company’s website shortly after completion of the live call.