CMCO Stock Recent News

Automation and robotics are proving to be two megatrends of the 2020s. The pandemic, in particular, showed the vulnerability of our existing supply chains and labor supply.

Columbus McKinnon posted top- and bottom-line beats for the December quarter, but U.S. volumes remain soft and margins were a little weaker than expected. Weaker spending on e-commerce capex is having an impact on short-term results, as is weaker short-cycle demand, but several longer-cycle markets have held up better.

Columbus McKinnon Corporation (NASDAQ:CMCO ) Q3 2023 Earnings Conference Call February 1, 2023 10:00 AM ET Company Participants Deborah Pawlowski - Investor Relations David Wilson - President and CEO Greg Rustowicz - Chief Financial Officer Conference Call Participants Will Jellison - D.A. Davidson & Co. Steve Ferazani - SIDOTI & Company Jon Tanwanteng - CJS Securities Walter Liptak - Seaport Research Partners Patrick Baumann - JPMorgan Operator Greetings, and welcome to the Columbus McKinnon Corporation Third Quarter Fiscal Year 2023 Financial Results Conference Call.

Columbus McKinnon (CMCO) delivered earnings and revenue surprises of 20% and 1.85%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

BUFFALO, N.Y.--( BUSINESS WIRE )--Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, announced that it will release its third quarter fiscal year 2023 results before the markets open on Wednesday, February 1, 2023.

Columbus McKinnon Corporation (NASDAQ:CMCO ) Q2 2023 Earnings Conference Call October 27, 2022 10:00 AM ET Company Participants Deborah Pawlowski - Investor Relations David Wilson - President and CEO Greg Rustowicz - Chief Financial Officer Conference Call Participants Will Jellison - D.A. Davidson Steve Ferazani - Sidoti Jon Tanwanteng - CJS Securities Patrick Baumann - JPMorgan Joseph DiMieri - Onex Credit Operator Greetings.

Columbus McKinnon (CMCO) delivered earnings and revenue surprises of 1.39% and 1.68%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Columbus McKinnon Corporation (NASDAQ:CMCO ) Q1 2023 Earnings Conference Call July 28, 2022 10:00 AM ET Company Participants Deborah Pawlowski - IR David Wilson - President and CEO Greg Rustowicz - CFO Conference Call Participants Will Jellison - D.A. Davidson Chris Howe - Barrington Jon Tanwanteng - CJS Securities Steve Ferazani - Sidoti Patrick Baumann - JPMorgan Operator Greetings, and welcome to Columbus McKinnon Corp. First Quarter Fiscal Year 2023 Financial Results Conference Call.

Columbus McKinnon (CMCO) delivered earnings and revenue surprises of 15% and 3.40%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Columbus McKinnon shares have sold off sharply on a weaker near-term outlook and growing concern about the near-term trends for industrial capex investment. Management is continuing to focus on shifting the company's offerings toward automation-enabling technologies while also improving the cost structure.