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NVent: Q1 Earnings Snapshot

NVent: Q1 Earnings Snapshot

By AP News
Published - Apr 28, 2023, 06:42 AM ET
Last Updated - Jun 22, 2023, 02:28 AM EDT

LONDON (AP) — LONDON (AP) — NVent Electric PLC (NVT) on Friday reported net income of $93.8 million in its first quarter.

The London-based company said it had net income of 56 cents per share. Earnings, adjusted for one-time gains and costs, came to 67 cents per share.

The maker of electrical connection and protection products posted revenue of $740.6 million in the period.

For the current quarter ending in June, nVent expects its per-share earnings to range from 66 cents to 68 cents.

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