Enerpac Tool Group Corp. reported a drop in earnings for the first quarter, with profits at $19.13 million or $0.36 per share compared to $21.72 million or $0.40 per share last year. Excluding items, adjusted earnings were $19.20 million or $0.36 per share. Revenue also decreased by 0.7% to $144.21 million from $145.20 million in the previous year. The company’s GAAP earnings overview includes earnings of $19.13 million, EPS of $0.36, and revenue of $144.21 million for the period.

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