Curtiss-Wright Corporation's Q1 2023 Results: Navigating Supply Chain Disruptions and Inflation

Curtiss-Wright Corporation, a global leader in highly engineered products and solutions, has reported its financial results for the first quarter of 2023. Despite ongoing challenges in the supply chain and the impact of inflation, the company's revenue growth and diversified business segments have helped mitigate the effects of these disruptions. With approximately 66% of its 2023 revenues expected to come from aerospace and defense-related markets, Curtiss-Wright remains committed to delivering high-quality products and solutions to its customers in these critical industries.

Key Takeaways:

• The company's revenue for the first quarter of 2023 is expected to be impacted by ongoing supply chain disruptions and inflation.
• Curtiss-Wright's diversified business segments, including Aerospace & Industrial, Defense Electronics, and Naval & Power, have helped mitigate the effects of these disruptions.
• Approximately 66% of the company's 2023 revenues are expected to come from A&D-related markets.
• The company operates across a diverse array of niche markets through engineering and technological leadership, precision manufacturing, and strong relationships with customers.
• Curtiss-Wright's revenue growth and diversified business segments have helped the company reduce its dependence on any single market or customer.
• The company has defined two analytical terms, "incremental" and "organic," to explain changes from period to period, with "incremental" highlighting the impact of acquisitions and divestitures and "organic" excluding the effects of foreign currency translation.

Statistics:

• Approximately 66% of Curtiss-Wright's 2023 revenues are expected to come from A&D-related markets.
• The company operates across a diversified array of niche markets, with a focus on engineering and technological leadership, precision manufacturing, and strong relationships with customers.
• Curtiss-Wright's revenue growth and diversified business segments have helped the company reduce its dependence on any single market or customer.
• The company has reported a diverse range of end markets, including aerospace and defense, commercial power, process, and industrial markets.

Sources:

• (EDGAR Online via COMTEX)
• Page 17 CURTISS-WRIGHT CORPORATION and SUBSIDIARIES PART I - ITEM 2 MANAGEMENT'S DISCUSSION and ANALYSIS of FINANCIAL CONDITION and RESULTS OF OPERATIONS, continued
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