Columbus McKinnon Reports $7.40 FY26 EPS Loss on $1.19B Revenue, Net Loss Widens Dramatically
CMCO is trading near its 52-week low of $12.82 (9.6% above the low) on elevated volume (3.0× avg).
Summary
Columbus McKinnon reported a significant diluted loss per share of ($7.40) for fiscal year 2026, with net loss widening to ($229.54M) despite revenue growing to $1.19 billion. This follows earlier news and an 8-K filing that disclosed a substantial net loss for the year, including a $200 million goodwill impairment. The dramatic increase in net loss and EPS loss from the prior year indicates severe financial underperformance, overshadowing revenue growth driven by acquisitions.
At the time of this announcement, CMCO was trading at $14.05 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $370.2M. The 52-week trading range was $12.82 to $24.40. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: Wiseek News.