Kewaunee Scientific Corporation

Kewaunee Scientific Corporation reported Q3 2026 net sales of $69.4 million, generating gross profit of $18.5 million and operating profit of $2.6 million. Net earnings attributable to the company were $692 thousand. The company maintained strong operating cash flow of $13.2 million despite a net decrease in cash of $6.8 million due to investing and financing activities. Total assets stood at $176.0 million with total liabilities of $103.4 million, resulting in stockholders' equity of $72.5 million. The acquisition of Nu Aire, completed on November 1, 2024 for $55.0 million, represents a strategic expansion into complementary laboratory equipment markets, though this filing does not provide comparative period data for QoQ or YoY analysis.

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