Kewaunee Scientific reported fiscal Q3 sales of USD 69.4 million, up 3% year over year, and pretax earnings of USD 1.6 million, up 26%. Fiscal Q3 net earnings were USD 0.69 million, while diluted EPS was USD 0.23. International fiscal Q3 sales rose 21% to USD 18.45 million, with management citing higher billings principally in the Indian market. Domestic fiscal Q3 sales were USD 50.95 million, while management said profitability was impacted by lower manufacturing volumes across the laboratory construction portion of the business. Order backlog was USD 183.2 million as of Jan. 31, with cash on hand of USD 10.35 million.
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