EnerSys Reports Q2 2027 Earnings with Strong Growth in Defense and Data Center Segments
EnerSys (ENS) reported second-quarter net sales of $949.9 million, a slight decrease of 0.1% primarily due to foreign currency translation. Despite the minor revenue dip, profitability saw significant gains, with adjusted diluted EPS rising 21.5% to $3.22 and GAAP diluted EPS increasing 34% year-over-year. The company's performance was characterized by a divergence in segment demand: Precision Power Solutions (PPS) grew 21% due to defense spending, and Network & Infrastructure Solutions (NIS) rose 3.3% driven by data centers. These gains helped offset a 7.8% decline in the Industrial Mobility Solutions (IMS) segment caused by softness in the material handling market. Looking ahead, EnerSys provided Q3 revenue guidance between $935 million and $975 million. Management highlighted the strategic acquisition of Ultralife for $320 million, which is expected to generate up to $20 million in annual cost synergies within 18 months.
Topics: acquisition backlog eps net sales operating margin segment revenue