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Stock impact report

Kewaunee Scientific's Q2 Earnings Rise Y/Y Despite Sales Decline [Yahoo! Finance]

Kewaunee Scientific Corporation (KEQU) 
US:NASDAQ Investor Relations: kewaunee.com/aboutus/investorinformation
Company Research Source: Yahoo! Finance
The company's domestic segment drove the earnings growth, with a 48.2% increase in net earnings, while the international segment saw a decline due to project delays in India. Kewaunee Scientific's gross margin improved to 29.2%, and the company's order backlog reached a record $184.4 million, positioning it for continued growth. The company also completed the acquisition of Nu Aire, Inc., which is expected to enhance its product portfolio and expand its market presence. Shares of Kewaunee Scientific Corporation KEQU have gained 3.9% since the company reported its earnings for the second quarter of fiscal 2025. This compares favorably with the S&P 500 index's 0.8% growth over the same period. Over the past month, KEQU shares have surged 15.3%, outperforming the S&P 500's 1.2% growth. The company reported second-quarter fiscal 2025 earnings per share of $1.01, reflecting an 8.6% improvement from 93 cents reported in the year-ago quarter. For the second quarter of fiscal 2025, Kewa Show less Read more
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