Brady reports Q3 Non-GAAP EPS of $1.50, exceeding expectations by $0.16, with revenue up 13.8 percent year-over-year.
Brady Corporation posted third-quarter Non-GAAP earnings per share of $1.50, beating estimates by $0.16, as revenue climbed 13.8 percent year-over-year to $435.24M. The company surpassed revenue expectations by $29.17M.
Sales growth was driven by a 13.8 percent increase compared to the same quarter last year, with organic sales rising 8.2 percent. The results reflect strong demand across Brady’s segments, supported by acquisitions.
The company did not disclose immediate market reactions in the release.