Brief: Gorman-Rupp Reports Q2 EPS Of $0.22

The Gorman-Rupp

24/07/2020 12:25

July 24 (Reuters) - Gorman-Rupp Co  GRC.N :
    * GORMAN-RUPP REPORTS SECOND QUARTER 2020 FINANCIAL RESULTS
    * Q2 EARNINGS PER SHARE $0.22
    * Q2 SALES FELL 20.8 PERCENT TO $85.8 MILLION
    * BACKLOG OF $110.3 MILLION AT JUNE 30, 2020, UP 5.1%
COMPARED TO
BACKLOG AT DECEMBER 31, 2019
    * Q2 OF 2020 INCLUDED A NON-CASH PENSION SETTLEMENT CHARGE
OF
$0.06 PER SHARE
    * WHILE SALES, INCOMING ORDERS HAVE SOFTENED, CO IMPLEMENTED
HEIGHTENED FOCUS ON MANAGING EXPENSES

Source text for Eikon:  ID:nBw5w9GbLa 
Further company coverage:  GRC.N 

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