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Free cash flow was $686 million, up 121%.
February 3, 2021
By: DAVID SAVASTANO
Editor, Ink World Magazine
Emerson reported results for the first fiscal quarter ended Dec. 31, 2020, with very strong numbers. Operating cash flow was $808 million in the quarter, up 90%, while free cash flow was $686 million, up 121%. First quarter GAAP net sales of $4.2 billion were flat from the year prior; underlying sales were down 2%. Overall, residential markets showed continued strength while many core automation markets remained subdued Commercial & Residential Solutions trailing three-month underlying ord...
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