Enpro Industries

Enpro Reports Fourth Quarter and Full Year 2023 Results, Introduces 2024 Guidance Fourth Quarter Results Full Year 2023 Highlights

Retrieved on: 
Tuesday, February 20, 2024
Chemicals, Plastics, Semiconductor, Aerospace, Manufacturing, Technology, Pharmaceutical, General Automotive, Aftermarket, Other Technology, Other Manufacturing, Science, Automotive, Other Science, Health, Research, Acquisition, AMI, Table, Sale, Weakness, Safety, GAAP, Nuclear energy, Enpro Industries, Public expenditure, Security (finance), Corporation, Bank statement, Depreciation, Music

Corporate expenses for 2023 of $49.5 million increased $2.5 million compared to 2022 due to an increase in total compensation expense.

Key Points: 
  • Corporate expenses for 2023 of $49.5 million increased $2.5 million compared to 2022 due to an increase in total compensation expense.
  • Income from continuing operations attributable to Enpro Inc. increased to $10.8 million, compared to $6.7 million in the prior year.
  • Adjusted income from continuing operations attributable to Enpro Inc. of $137.0 million decreased 3.4% compared to 2022.
  • Enpro will hold a conference call today, February 20, 2024, at 8:30 a.m. Eastern Time to discuss fourth quarter and full year 2023 results.

Enpro Increases Quarterly Dividend

Retrieved on: 
Thursday, February 15, 2024
Other Manufacturing, Technology, Semiconductor, Utilities, Other Technology, Aerospace, Manufacturing, Energy, Machinery, Food Tech, NPO, Inc., Enpro Industries

Enpro Inc. (NYSE: NPO) today declared a quarterly dividend of $0.30 per share, a 3.4% increase from the previous quarterly dividend of $0.29 per share.

Key Points: 
  • Enpro Inc. (NYSE: NPO) today declared a quarterly dividend of $0.30 per share, a 3.4% increase from the previous quarterly dividend of $0.29 per share.
  • Enpro has now increased its quarterly dividend for nine consecutive years since initiating a dividend in 2015.
  • “As part of Enpro’s balanced capital allocation strategy, we review our dividend annually.
  • The dividend is payable on March 20, 2024, to shareholders of record as of the close of business on March 6, 2024.

EnPro Industries, Inc. Announces Upcoming Name Change to Enpro Inc.

Retrieved on: 
Thursday, November 16, 2023
Pharmaceutical, Health, Technology, Food, Beverage, Aerospace, Semiconductor, Manufacturing, Retail, NYSE, NPO, CUSIP, Enpro Industries

EnPro Industries, Inc. (NYSE: NPO) today announced that in recognition of its forward strategy and successful portfolio optimization, it will change its corporate name to Enpro Inc., effective at 11:59 p.m. Eastern Time on December 1, 2023.

Key Points: 
  • EnPro Industries, Inc. (NYSE: NPO) today announced that in recognition of its forward strategy and successful portfolio optimization, it will change its corporate name to Enpro Inc., effective at 11:59 p.m. Eastern Time on December 1, 2023.
  • “Our new name better reflects the Enpro of today following our successful transformation to reshape our portfolio and create a more resilient business model,” said Eric Vaillancourt, President and Chief Executive Officer.
  • “Our evolution has been possible because of the incredible work of the Enpro team to advance our key strategic imperatives and deliver for our customers.
  • Beginning December 1, 2023, Enpro’s corporate website will be https://www.enpro.com and its prior corporate web address will redirect to that site.

Sleep Number Appoints Two New Independent Directors, Stephen Macadam and Hilary Schneider

Retrieved on: 
Tuesday, November 7, 2023
Technology, Men, Retail, Consumer, Home Goods, Online Retail, Luxury, Other Retail, Other Consumer, Specialty, Hardware, Women, Seniors, Consumer Electronics, Strategic planning, Health, Enpro Industries, LifeLock, Cooperation, Sleep Number, Veritiv, Independent Advisory Board for Senate Appointments, Entrepreneurship, Sidley Austin, Chair, Strategic Cooperation Agreement, Wag, Louisiana-Pacific, China Hi-Tech Group Co., Ltd., Sleep, Capital allocation line, Management, Security (finance)

Sleep Number Corporation (Nasdaq: SNBR) today announced that it has appointed Stephen E. Macadam and Hilary A. Schneider to its Board of Directors (the “Board”), effective immediately, expanding the Board to twelve members.

Key Points: 
  • Sleep Number Corporation (Nasdaq: SNBR) today announced that it has appointed Stephen E. Macadam and Hilary A. Schneider to its Board of Directors (the “Board”), effective immediately, expanding the Board to twelve members.
  • In conjunction with the appointments, Sleep Number entered into a cooperation agreement (the “Cooperation Agreement”) with Stadium Capital Management, LLC (collectively with its affiliates, “Stadium Capital”), one of the company’s shareholders.
  • “We are pleased to welcome Steve and Hilary, both accomplished public company executives and directors, to the Sleep Number Board,” said Shelly Ibach, Chair, President, and CEO of the company.
  • Sidley Austin LLP is serving as legal counsel and Spotlight Advisors LLC is serving as financial and strategic advisor to Sleep Number.

Enpro to Present at Baird 2023 Global Industrial Conference

Retrieved on: 
Thursday, November 2, 2023
Pharmaceutical, Technology, Food, Beverage, Semiconductor, Other Manufacturing, Retail, Science, Engineering, Aerospace, Manufacturing, Other Science, Health, NPO, Conference, NYSE, Central Time, Enpro Industries, Management

EnPro Industries, Inc. (NYSE: NPO) will present at the Baird 2023 Global Industrial Conference on Thursday, November 9, 2023.

Key Points: 
  • EnPro Industries, Inc. (NYSE: NPO) will present at the Baird 2023 Global Industrial Conference on Thursday, November 9, 2023.
  • Eric Vaillancourt, President and Chief Executive Officer, and Milt Childress, Executive Vice President and Chief Financial Officer, are scheduled to present at 10:15 a.m. Central Time.
  • The presentation, along with accompanying materials will be available on the company’s website, http://www.enproindustries.com .

Enpro Reports Third Quarter 2023 Results

Retrieved on: 
Tuesday, October 31, 2023
Chemicals, Plastics, Semiconductor, Aerospace, Manufacturing, Technology, Pharmaceutical, General Automotive, Other Manufacturing, Other Technology, Aftermarket, Automotive, Science, Other Science, Research, Health, Engineering, Bank statement, Public expenditure, Depreciation, EBITDA, Sale, Enpro Industries, Security (finance), Table, Investment, GAAP, Acquisition

During the third quarter, the company paid a regular quarterly dividend of $0.29 per share, with dividend payments totaling $18.3 million for the nine months ended September 30, 2023.

Key Points: 
  • During the third quarter, the company paid a regular quarterly dividend of $0.29 per share, with dividend payments totaling $18.3 million for the nine months ended September 30, 2023.
  • Enpro ended the third quarter with total debt of $648.6 million and cash of $329.8 million.
  • The dividend is payable on December 13, 2023 to shareholders of record as of the close of business on November 29, 2023.
  • Enpro will hold a conference call today, October 31, at 8:30 a.m. Eastern Time to discuss third quarter 2023 financial results.

Enpro Declares Regular Quarterly Dividend

Retrieved on: 
Wednesday, October 25, 2023
Technology, Semiconductor, Engineering, Aerospace, Health Technology, Manufacturing, Health, Pharmaceutical, Food Tech, Enpro Industries, NPO, NYSE, Holding company, Management

EnPro Industries, Inc. (NYSE: NPO) today declared a regular quarterly dividend of $0.29 per share. The dividend is payable on December 13, 2023, to shareholders of record as of the close of business on November 29, 2023.

Key Points: 

EnPro Industries, Inc. (NYSE: NPO) today declared a regular quarterly dividend of $0.29 per share. The dividend is payable on December 13, 2023, to shareholders of record as of the close of business on November 29, 2023.

Enpro Announces Date for Third Quarter Earnings Release and Conference Call

Retrieved on: 
Tuesday, October 17, 2023
Research, Technology, Semiconductor, Aerospace, Manufacturing, Food, Beverage, Pharmaceutical, Health, Retail, Science, Enpro Industries, NYSE, NPO, Management, Video game

EnPro Industries, Inc. (NYSE: NPO) intends to release financial results for the third quarter of 2023, on Tuesday, October 31, at 6:30 a.m. Eastern Time.

Key Points: 
  • EnPro Industries, Inc. (NYSE: NPO) intends to release financial results for the third quarter of 2023, on Tuesday, October 31, at 6:30 a.m. Eastern Time.
  • Eric Vaillancourt, President and Chief Executive Officer, and Milt Childress, Executive Vice President and Chief Financial Officer, will host a conference call to review the company’s performance at 8:30 a.m. Eastern Time.
  • The conference call will be webcast live and can also be accessed via phone at 1-877-407-0832, using the access code 13725739, approximately 10 minutes before the call.
  • Our third quarter 2023 financial results, a webcast of the conference call, and the accompanying slide presentation will be available on the company’s website, http://www.enproindustries.com .

Enpro to Present at the Sidoti September 2023 Small Cap Conference

Retrieved on: 
Thursday, September 14, 2023
Engineering, Semiconductor, Apps, Applications, Technology, Manufacturing, Other Technology, Hardware, Enpro Industries, NPO, Conference, NYSE, Eastern Time Zone, Cryptocurrency, Sidoti

EnPro Industries, Inc. (NYSE: NPO) will present at the Sidoti September 2023 Small Cap Conference on Wednesday, September 20.

Key Points: 
  • EnPro Industries, Inc. (NYSE: NPO) will present at the Sidoti September 2023 Small Cap Conference on Wednesday, September 20.
  • The company’s presentation is scheduled for 10:45 a.m. Eastern Time and will be made by Eric Vaillancourt, President and Chief Executive Officer, and James Gentile, Vice President, Investor Relations.
  • The presentation will be webcast on the company’s website, http://www.enproindustries.com .

Enpro Reports Second Quarter 2023 Results

Retrieved on: 
Tuesday, August 8, 2023
Aerospace, Technology, Manufacturing, Semiconductor, Other Technology, Telecommunications, Other Manufacturing, Apps, Applications, Engineering, Hardware, Electronic Design Automation, Table, Bank statement, GAAP, Sale, Public expenditure, Enpro Industries, EBITDA, Acquisition, Investment, Units of paper quantity, Depreciation, Security (finance), Cryptocurrency

During the second quarter, the company paid a regular quarterly dividend of $0.29 per share, with dividend payments totaling $12.2 million for the six months ended June 30, 2023.

Key Points: 
  • During the second quarter, the company paid a regular quarterly dividend of $0.29 per share, with dividend payments totaling $12.2 million for the six months ended June 30, 2023.
  • Enpro ended the second quarter with total debt of $783.2 million and cash of $374.9 million and $35.8 million of short-term liquid investments.
  • On July 26, 2023, Enpro repaid its $133.7 million Term Loan A-1, including accrued interest, with available cash.
  • Enpro will hold a conference call today, August 8, at 8:30 a.m. Eastern Time to discuss second quarter 2023 financial results.