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chart-industries-reports-record-breaking-fiscal-quarter
chart-industries-reports-record-breaking-fiscal-quarter

Chart Industries reports record-breaking fiscal quarter

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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.

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