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Kewaunee Scientific Reports Results for First Quarter of Fiscal Year 2026
PRNewswire / Kewaunee Scientific Corporation (NASDAQ: KEQU) today announced results for its first quarter ended July 31, 2025.
About this update from Kewaunee Scientific Corporation
[{"type":"text","content":"STATESVILLE, N.C., Sept. 10, 2025 /PRNewswire/ -- PRNewswire / Kewaunee Scientific Corporation (NASDAQ: KEQU) today announced results for its first quarter ended July 31, 2025.","length":176,"tagName":"p"},{"type":"image","alt":"Kewaunee Scientific Corporation (PRNewsFoto/Kewaunee Scientific Corporation)","displaySize":"","headline":null,"caption":"Kewaunee Scientific Corporation (PRNewsFoto/Kewaunee Scientific Corporation)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":310,"url":"https://media.zenfs.com/en/prnewswire.com/98854ca88d1eb37bddbcf2c5f6b6285d"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Z8pgi6DARlTAWbCFDrXnnw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTU0NjtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/98854ca88d1eb37bddbcf2c5f6b6285d","width":400,"height":310}},"href":"https://mma.prnewswire.com/media/338700/Kewaunee_Scientific_v1_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Fiscal Year 2026 First Quarter Results:","length":39,"tagName":"p"},{"type":"text","content":"Sales during the first quarter of fiscal year 2026 were $71,104,000, an increase of 46.9% compared to sales of $48,393,000 from the prior year's first quarter. Pre-tax earnings for the quarter were $3,920,000 compared to $2,430,000 for the prior year quarter, an increase of 61.3%. Net earnings were $3,093,000 compared to net earnings of $2,193,000 for the prior year quarter. EBITDA1 for the quarter was $6,320,000 compared to $3,325,000 for the prior year quarter. Diluted earnings per share were $1.04 compared to diluted earnings per share of $0.74 in the prior year quarter.","length":584,"tagName":"p"},{"type":"text","content":"The Company's order backlog was $205.0 million on July 31, 2025, as compared to $159.4 million on July 31, 2024, and $214.6 million on April 30, 2025.","length":169,"tagName":"p"},{"type":"text","content":" Domestic Segment - Domestic sales for the quarter were $54,352,000, an increase of 53.0% from sales of $35,523,000 in the prior year quarter. Domestic segment net earnings were $4,722,000 compared to $2,871,000 in the prior year quarter. Domestic segment EBITDA was $7,576,000 compared to $4,738,000 for the prior year quarter. The increase in Domestic sales and earnings was driven by the incorporation of Nu Aire's results...