Brief: ParkOhio Announces Q2 2022 Results And Completes Two Acquisitions

Park Ohio Holdings

02/08/2022 22:35

Aug 2 (Reuters) - Park Ohio Holdings Corp  PKOH.O :
    * PARKOHIO ANNOUNCES SECOND QUARTER 2022 RESULTS AND
COMPLETES TWO
ACQUISITIONS
    * Q2 GAAP EARNINGS PER SHARE $0.08
    * Q2 REVENUE ROSE 22 PERCENT TO $429 MILLION
    * Q2 ADJUSTED EARNINGS PER SHARE $0.21
    * FOR FULL YEAR 2022, CONTINUE TO EXPECT REVENUE GROWTH OF
ABOUT
15% YEAR-OVER-YEAR
    * CONTINUE TO EXPECT SIGNIFICANT IMPROVEMENT IN
PROFITABILITY FOR
FULL YEAR 2022 COMPARED TO 2021
    * EXPECT IMPROVED ADJUSTED NET INCOME IN THIRD AND FOURTH
QUARTERS
COMPARED TO Q2 OF 2022

Source text for Eikon:  ID:nBw1wdlZMa 
Further company coverage:  PKOH.O 

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