MSA Safety Inc. (MSA) Q4 Earnings Downgrade

MSA Safety Inc. (NASDAQ:MSA) reported a 12% year-over-year decline in Q4 net income to $17.5 million, driven by supply chain disruptions and higher inventory write-downs. The company attributed the results to reduced demand in North America and a 7% drop in active safety inspection hours. Revenue for the quarter rose 4% to $312 million, reflecting growth in its global healthcare division. Management expects Q1 to see improved visibility as supply chain constraints ease, with guidance for net income of $20–$22 million.