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BATESVILLE, Ind. (AP) _ Hillenbrand Inc. (HI) on Wednesday reported fiscal first-quarter net income of $76.4 million, after reporting a loss in the same period a year earlier.
The Batesville, Indiana-based company said it had profit of $1.01 per share. Earnings, adjusted for non-recurring gains, came to 96 cents per share.
The diversified industrial company specializing in business-to-business products posted revenue of $692.5 million in the period.
For the current quarter ending in April, Hillenbrand expects its per-share earnings to range from 85 cents to 95 cents.
Hillenbrand shares have climbed roughly 10% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $43.72, a rise of 51% in the last 12 months.