Q1 2023 Financial Performance slide image

Q1 2023 Financial Performance

Orders & Revenue by Segment and Reconciliation of Segment Adjusted EBITDA to Net Income 25 25 (Unaudited; in millions) For the Three Month Period Ended March 31, 2023 2022 Orders Industrial Technologies and Services $ Precision and Science Technologies Total Orders $ 1,450.3 $ 326.5 1,776.8 $ 1,292.8 337.1 1,629.9 Revenue Industrial Technologies and Services $ 1,317.2 $ Precision and Science Technologies 312.1 Total Revenue $ 1.629.3 $ 1,039.6 297.4 1,337.0 Segment Adjusted EBITDA Industrial Technologies and Services $ 345.6 S Precision and Science Technologies 94.5 Total Segment Adjusted EBITDA $ 440.1 $ 247.4 85.1 332.5 Less items to reconcile Segment Adjusted EBITDA to Income from Continuing Operations Before Income Taxes: Corporate expenses not allocated to segments $ Interest expense 40.0 S 38.9 28.9 19.0 Depreciation and amortization expense 113.1 107.5 Restructuring and related business transformation costs 4.3 14.2 Acquisition and other transaction related expenses and non-cash charges 18.0 9.5 Stock-based compensation 12.1 19.8 Foreign currency transaction losses (gains), net 1.0 (3.8) Adjustments to LIFO inventories 7.8 Other adjustments (6.1) (5.2) Income from Continuing Operations Before Income Taxes 211.0 142.6 Provision for income taxes 48.1 32.4 Income (loss) on equity method investments 0.3 (4.3) Income from Continuing Operations 163.2 105.9 Loss from discontinued operations, net of tax Net Income $ 163.2 $ (1.4) 104.5 (IR) Ingersoll Rand
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