Chart Industries reports record-breaking fiscal quarter


Chart Industries today (28th Oct) celebrated yet another milestone fiscal quarter, with quarter three (Q3) financial results highlighting record backlog of $2.3bn and record sales of $412.1m.

For the quarter, the US cryogenic equipment manufacturer also reported gross margin of $104.6m, the highest in its history and 39.7% higher than its Q3 2021 results.

Reported gross margin as a percentage of sales of 25.4% was the highest since Q2 2021. This contributed to record reported operating income of $41.7m, an increase of 202.2% compared to the Q3 2021.

Q3 2022 also reported non-diluted EPS of $1.15, a historical record for Chart.

... to continue reading you must be subscribed

Subscribe Today

Paywall Asset Header Graphic

To access hundreds of features, subscribe today! At a time when the world is forced to go digital more than ever before just to stay connected, discover the in-depth content our subscribers receive every month by subscribing to gasworld.

Please wait...