Crane NXT, Co. Provides Earnings Guidance for the Year 2024
February 14, 2024 at 04:05 pm EST
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Crane NXT, Co. provided earnings guidance for the year 2024. For the year, the company expects CPI Core Sales Growth to be -3% to +2%,
Currency Core Sales Growth is +2% to +3%, Crane NXT Core Sales Growth to be -1% to +2%.
Crane NXT, Co. is an industrial technology company that provides technology solutions to secure, detect, and authenticate what matters most to its customers. The Company operates through two segments: Crane Payment Innovations (CPI) and Security and Authentication Technologies. The CPI segment provides electronic equipment and associated software leveraging extensive and proprietary core capabilities with various detection and sensing technologies for applications, including verification and authentication of payment transactions. The Security and Authentication Technologies segment provides advanced security solutions based on proprietary technology for securing physical products, including banknotes, consumer goods and industrial products. The Security and Authentication Technologies segment also provides brand protection and authentication solutions. The Company operates in the United States, the United Kingdom, Mexico, Japan, Germany, Sweden, and Malta.