Brief: Parkohio Announces Strong First Quarter 2023 Results

Park Ohio Holdings

03/05/2023 22:57

May 3 (Reuters) - Park Ohio Holdings Corp  PKOH.O :
    * PARKOHIO ANNOUNCES STRONG FIRST QUARTER 2023 RESULTS
    * Q1 GAAP EARNINGS PER SHARE $0.61
    * Q1 SALES ROSE 18 PERCENT TO $423.5 MILLION
    * Q1 EARNINGS PER SHARE VIEW $0.54, REVENUE VIEW $395.8
MILLION --
REFINITIV IBES DATA
    * FOR 2023, WE CONTINUE TO EXPECT REVENUES FROM CONTINUING
OPERATIONS TO INCREASE 5-10% YEAR-OVER-YEAR
    * FY2023 REVENUE VIEW $1.61 BILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nBw40nnkya 
Further company coverage:  PKOH.O 

 ((Reuters.Briefs@thomsonreuters.com;))