The eastern company reports first quarter 2025 results
Net sales from continuing operations of $63.3 million, adjusted ebitda from continuing operations of $4.6 million, and earnings per share from continuing operations of $0.31 completed sale of big 3 mold's isbm business unit on april 30, 2025 revamped big 3 precision's geographic footprint for improved focus, production and cost-efficiency completed 200,000-share repurchase program; new 400,000 share buyback program authorized by board shelton, ct / access newswire / may 6, 2025 / the eastern company ("eastern" or the "company") (nasdaq:eml), an industrial manufacturer of engineered solutions serving commercial transportation, logistics, and other industrial markets, today announced the results of operations for the first fiscal quarter ended march 29, 2025. chief executive officer ryan schroeder commented, "the first quarter was a period of significant change for eastern as the company's new leadership team began implementing its business plans and taking a wide variety of steps to bolster sales, reduce costs and improve the operating efficiency of our businesses.
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