Wednesday, June 26, 2024

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Crane NXT to acquire OpSec Security, a global leader in brand protection and authentication solutions

Crane NXT, Co., a premier industrial technology company, announced it has signed a definitive agreement with Investcorp Technology Partners to acquire OpSec Security for $270 million in cash, subject to customary adjustments. 

Crane NXT appoints Rima Hyder as Head of Investor Relations

Crane NXT has announced the appointment of Rima Hyder as the Head of Investor Relations (IR).

Crane reports 3% growth of core sales, records $43.7 million profit in 1Q23

Bill and electronic payment solutions company Crane NXT Co, has reported 3 percent growth of core sales in 1Q23, despite its net sales being down 1.1 percent from 1Q23 to $329.1 million. 

AGEM Index continues rises in April, led by Crane NXT

The AGEM Index, published by the Association of Gaming Equipment Manufacturers, continued its gains in April, rising 2.7 percent month-on-month and 12.7 percent yearly.

Crane appoints new CFO for Crane NXT ahead of company split in April

Bill and electronic payment solutions company Crane has announced the appointment of Christina Cristiano as the new CFO of Crane NXT. Cristiano has also been appointed as the Senior Vice president of Crane NXT, ahead of the company’s split from its parent scheduled for April 3rd.

Crane sees 47 percent uptick in income during 4Q22

Bill and electronic payment solutions company Crane saw a 47 percent increase in its net income during the final quarter of the year, totaling $106.7 million.

Crane, Konami drag AGEM Index for August, down 3.7 percent

AGEM Index fell by 32.33 points in August 2022 to 831.50 from 862.93 in July, a 3.7 percent decline on a month-on-month basis.

Crane 2Q22 ex-items slips, but revenue up 7 percent

Crane Holdings said its 2Q22 earnings per share, excluding one-time items, slipped from a year ago, although it saw core sales growth rise 7 percent.

Crane Co. net income down 3.1%, split on track

Crane Co. president and CEO Max Mitchell says that the company continues to make progress on its planned split into Crane Co. and Crane NXT after the recent divestment of Crane Supply, the company’s Canadian distribution business.

Konami, Crane Co. drives AGEM index in March

Stock price increases of Konami Corp and Crane Co. were the main drivers of a 2.45 point increase of the AGEM Index in March.