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K KEWAUNEE Scientific Corporation Kewaunee Scientific Reports Results for First Quarter of Fiscal Year 2022 Exchange : NASDAQ ( KEQU ) Contact : Donald T. Gardner III 704 / 871-3274 STATESVILLE , N.C. September 8 , 2021 - PRNewswire / Kewaunee Scientific Corporation ( NASDAQ : KEQU ) today announced results for its first quarter ended July 31 , 2021 . Fiscal Year 2022 First Quarter Results : Sales during the first quarter of fiscal year 2022 were $ 39,493,000 , an increase of 8.4 % , as compared to sales of $ 36,423,000 from the prior year first quarter . Pre - tax loss for the quarter was $ 1,056,000 compared to a pre - tax loss of $ 587,000 for the prior year period . The Company experienced higher raw material costs in the first quarter of approximately $ 1,651,000 , net of surcharges , when compared to the prior year period , as well as supplier constraints resulting from COVID - 19 and other supply disruptions . Net loss was $ 1,345,000 compared to a loss of $ 598,000 for the prior year period . EBITDA¹ for the quarter was ( $ 342,000 ) compared to $ 137,000 for the prior year period . Diluted loss per share was ( $ 0.48 ) , as compared to diluted loss per share of ( $ 0.22 ) in the prior year first quarter . The Company's order backlog was $ 120.6 million on July 31 , 2021 , increasing from $ 101.2 million at July 31 , 2020 , and $ 114.5 million at April 30 , 2021. This is the highest order backlog in the Company's history . Domestic Segment - Domestic sales for the quarter were $ 29,663,000 , a decrease of 1.3 % from sales of $ 30,058,000 in the prior year period . Domestic segment net loss was $ 209,000 compared to net earnings of $ 993,000 in the prior year period . Domestic segment EBITDA was $ 399,000 compared to $ 1,605,000 for the prior year period , as raw material input costs increased compared to the prior year period and were partially offset by surcharges implemented during the quarter for those shipments where we were not restricted by the fixed nature of our contracts with our customers . International Segment - International sales for the quarter were $ 9,830,000 , an increase of 54.4 % from sales of $ 6,365,000 in the prior year period . International sales were stronger when compared to the prior year due to strong demand in the current year period , coupled with reduced COVID- 19 restrictions on construction site access , and reduced prevalence of government mandated shut- ¹ EBITDA is a non - GAAP financial measure . See the table below for a reconciliation of EBITDA and segment EBITDA to net earnings ( loss ) , the most directly comparable GAAP measure . CORPORATE OFFICES ⚫P . O. BOX 1842 , STATESVILLE , NORTH CAROLINA 28687-1842 • 2700 WEST FRONT STREET , STATESVILLE , NORTH CAROLINA 28677-2927 PHONE 704-873-7202 FAX 704-873-1275