Welcome to our dedicated page for Enpro news (Ticker: NPO), a resource for investors and traders seeking the latest updates and insights on Enpro stock.
Enpro Inc. (NYSE: NPO) is an industrial technology company focused on critical applications across end-markets such as semiconductor, industrial process, commercial vehicle, sustainable power generation, aerospace, food and pharma, photonics, and life sciences. This news page aggregates company announcements, earnings releases, acquisition updates, and other material events related to Enpro.
Recent press releases highlight Enpro’s execution of its Enpro 3.0 strategy, including agreements and completed transactions to acquire AlpHa Measurement Solutions and Overlook Industries within the Sealing Technologies segment. These acquisitions expand Enpro’s capabilities in liquid analytical sensing technologies, compositional analysis, and single-use componentry for biopharmaceutical production processes.
Investors and followers of NPO news can review quarterly earnings releases that discuss segment performance in Sealing Technologies and Advanced Surface Technologies, including trends in aerospace and food and pharma demand, precision cleaning, optical coatings, and certain semiconductor tools and assemblies. News items also cover capital structure developments such as senior notes offerings, credit facility amendments, and regular quarterly dividend declarations.
In addition, Enpro’s news includes announcements of upcoming earnings release dates and conference calls, where management discusses financial results and provides updates on guidance and strategic initiatives. By monitoring this page, users can access a consolidated view of Enpro’s public communications, from operational performance and end-market dynamics to portfolio developments and corporate governance disclosures.
EnPro Industries, Inc. (NYSE: NPO) has announced a quarterly dividend of $0.28 per share, payable on June 15, 2022. Shareholders on record as of June 1, 2022 will be eligible for this payment. EnPro specializes in industrial technology across various sectors, including semiconductor, aerospace, and life sciences, indicating a strong commitment to returning value to its shareholders through regular dividends.
EnPro Industries, Inc. (NYSE: NPO) will present at Oppenheimer's 17th Annual Industrial Growth Conference on May 3, 2022, at 10:30 a.m. ET. The presentation will be led by Eric Vaillancourt, President and CEO, and Milt Childress, Executive VP and CFO. Investors can view the webcast on the company’s website. EnPro serves diverse markets including semiconductor, aerospace, and life sciences, highlighting its focus on industrial technology.
EnPro Industries, Inc. (NYSE: NPO) will announce its Q1 2022 financial results on May 2 at 8:30 a.m. ET. Company leadership, including CEO Eric Vaillancourt and CFO Milt Childress, will discuss the performance during a live webcast and conference call, accessible via phone at 1-877-407-0832 with access code 13714141. Financial details and presentation slides will be available on their website.
EnPro Industries, Inc. (NYSE: NPO) will present at the Sidoti Spring 2022 Virtual Conference on Wednesday, March 23, 2022, at 10:00 a.m. Eastern Time. The presentation will be led by Milt Childress, Executive Vice President and CFO, alongside James Gentile, VP of Investor Relations. Investors can access the webcast on the company’s official website. EnPro focuses on industrial technology, serving various sectors such as semiconductor, aerospace, and life sciences. For more information, visit www.enproindustries.com.
EnPro Industries, Inc. (NYSE: NPO) reported fourth quarter sales of $280.8 million, a 1.7% increase, while full year sales reached $1.14 billion, up 6.3%. Income from continuing operations for Q4 was $102.4 million, recovering from a loss of $8.9 million a year prior. Diluted EPS for Q4 was $4.92, compared to a loss per share of $0.43 previously. The company completed the acquisition of NxEdge and divested its CPI unit. For 2022, EnPro anticipates low double-digit revenue growth, adjusted EBITDA between $263-$275 million, and diluted EPS of $6.70-$7.25.
EnPro Industries (NYSE: NPO) will present at Gabelli’s 32nd Annual Pump, Valve & Water Systems Symposium on February 24 at 11:00 a.m. Eastern Time. The presentation will be led by President and CEO Eric Vaillancourt, alongside Executive VP and CFO Milt Childress. Interested parties can view the webcast on EnPro's website. EnPro specializes in industrial technology for various sectors, including semiconductor, aerospace, and life sciences. For further details, visit www.enproindustries.com.
EnPro Industries, Inc. (NYSE: NPO) announced a quarterly dividend of $0.28 per share, marking a 4% increase from the previous $0.27. This is the seventh consecutive year of raised dividends since initiating in 2015. According to CEO Eric Vaillancourt, the increase reflects a balanced capital allocation strategy and a strong long-term outlook. The dividend will be paid on March 16, 2022 to shareholders recorded by the close of business on March 2, 2022.
EnPro Industries, Inc. (NYSE: NPO) will announce its financial results for the quarter and year ended December 31, 2021 on February 22, 2022, prior to market opening. A conference call is scheduled for 8:30 a.m. ET to discuss these results, featuring Eric Vaillancourt, President and CEO, and Milt Childress, Executive VP and CFO. Access to the call can be gained via dialing 1-877-407-0832 with the code 13714140. Financial results and the call webcast will be available on the company's website.
EnPro Industries (NYSE: NPO) has completed the sale of Compressor Products International, Inc. to Howden Group for $195 million, previously announced on October 12, 2021. This sale is part of EnPro's strategy to reshape its portfolio towards industrial technology markets. The company plans to use around $170 million in after-tax proceeds to reduce debt associated with its recent acquisition of NxEdge, expected to lower the net leverage ratio to approximately 3.3x net debt to adjusted EBITDA.
EnPro Industries, Inc. (NYSE: NPO) has completed its acquisition of NxEdge, a manufacturer in the semiconductor space, for $850 million in cash. This acquisition is part of EnPro's strategy to enhance its Advanced Surface Technologies segment and capitalize on high-margin, high-cash flow opportunities. The company amended its credit facilities to fund this acquisition, resulting in a net leverage ratio of approximately 3.7x. Future proceeds from the sale of its Compressor Products International business are expected to reduce this ratio to 3.3x.