Hillenbrand Inc. has reported its latest financial results, revealing a net loss attributable to the company of $32.6 million for the period, compared to a loss of $225.6 million in the prior period. The company's earnings per share from continuing operations also showed a loss of $0.46, compared to a loss of $3.20 previously. The company continues to use non-GAAP financial measures such as adjusted EBITDA and adjusted net income to monitor performance, although specific figures for these measures were not disclosed in the release. Hillenbrand is focused on its strategy of selectively acquiring companies that can benefit from the Hillenbrand Operating Model to drive faster and more profitable growth. The company also calculates the foreign currency impact on net revenue, adjusted EBITDA, and backlog to better measure comparability between periods. The company did not provide specific guidance figures for fiscal 2025, as potential charges or gains remain uncertain. Hillenbrand's backlog is used as an operational measure, representing the expected consolidated net revenue from awarded contracts, although specific backlog figures were not provided.
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