Brief: Millerknoll Inc Reports First Quarter Fiscal 2023 Results

MillerKnoll

28/09/2022 21:14

Sept 28 (Reuters) - Millerknoll Inc  MLKN.O :
    * MILLERKNOLL, INC. REPORTS FIRST QUARTER FISCAL 2023
RESULTS
    * Q1 SALES $1.08 BILLION
    * Q1 ADJUSTED EARNINGS PER SHARE $0.44
    * Q1 EARNINGS PER SHARE $0.34
    * SEES SALES IN Q2 OF FISCAL YEAR 2023 TO RANGE BETWEEN
$1,027
MILLION AND $1,067 MILLION
    * PROACTIVELY TAKING ADDITIONAL STEPS TO IMPROVE OUR
NEAR-TERM
PROFIT AND CASH FLOW OUTLOOK
    * GIVEN CURRENT MACROECONOMIC BACKDROP, ARE PROACTIVELY
TAKING
ADDITIONAL STEPS TO IMPROVE OUR NEAR-TERM PROFIT AND CASH FLOW
OUTLOOK
    * ON TRACK TO DELIVER $120 MILLION OF RUN-RATE COST
SYNERGIES
WITHIN THREE YEARS OF KNOLL ACQUISITION
    * ANTICIPATE EARNINGS PER SHARE FOR Q2 2023 TO BE BETWEEN
$0.39
AND $0.45
    * Q1 EARNINGS PER SHARE VIEW $0.33, REVENUE VIEW $1.09
BILLION --
REFINITIV IBES DATA
    * Q2 REVENUE VIEW $1.08 BILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nPn3QVYQva 
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