Brief: Gorman-Rupp Reports Q2 Results

The Gorman-Rupp

26/07/2019 11:57

July 26 (Reuters) - Gorman-Rupp Co  GRC.N :
    * GORMAN-RUPP REPORTS SECOND QUARTER FINANCIAL RESULTS
    * Q2 EARNINGS PER SHARE $0.40
    * Q2 SALES FELL 3.1 PERCENT TO $108.3 MILLION
    * QTRLY INCOMING ORDERS DECREASED 9.2% COMPARED TO Q1 OF
2019
    * BACKLOG OF ORDERS WAS $107.0 MILLION AT JUNE 30, 2019
COMPARED
TO $128.9 MILLION AT JUNE 30, 2018
    * CAPITAL EXPENDITURES FOR FULL-YEAR 2019 ARE PRESENTLY
PLANNED TO
BE IN RANGE OF $15-$20 MILLION
    * QTRLY NET SALES FOR Q2 OF 2019 WERE $108.3 MILLION
COMPARED TO
NET SALES OF $111.8 MILLION FOR Q2 OF 2018

Source text for Eikon:  ID:nBw39NYMba 
Further company coverage:  GRC.N 

 (Reuters.Briefs@thomsonreuters.com)