Kennametal Inc Q1 FY2024 Earnings Call

Kennametal Inc (KMT)

Earnings Call FY2024 Q1 Call date: 2023-11-01 Concluded

Quarter scorecard

Revenue

$492.48M

-0.5% YoY

Diluted EPS

$0.37

+8.8% YoY

Gross margin

33.1%

+0.8 pp YoY

Net income

$30.06M

+6.6% YoY

Metal Cutting $308.23M

+2.8%

Infrastructure $184.25M

-5.4%

Buybacks

$13.72M