Brief: Thermon Group Holdings Inc Reports Q2 2019 Results

Thermon group

31/10/2018 12:53

Oct 31 (Reuters) - Thermon Group Holdings Inc  THR.N :
    * QTRLY ADJUSTED EPS OF $0.22
    * QTRLY FULLY DILUTED GAAP EPS WAS $0.10 PER SHARE
    * QTRLY REVENUE OF $90.2 MILLION COMPARED TO $61.6 MILLION,
AN
INCREASE OF 46%
    * Q2 EARNINGS PER SHARE VIEW $0.24, REVENUE VIEW $87.3
MILLION --
THOMSON REUTERS I/B/E/S
    * QTRLY TOTAL ORDERS WERE $95.8 MILLION VERSUS $72.6 MILLION
IN Q2
2018
    * EXPECT ORGANIC REVENUE TO GROW 10% TO 12% COMPARED TO
FISCAL
2018
    * QTRLY ORGANIC ORDERS WERE $78.3 MILLION COMPARED TO $72.6
MILLION IN Q2 2018, AN INCREASE OF $5.7 MILLION OR 8%
    * MAINTAIN EXPECTATION THAT THS REVENUE WILL CONTRIBUTE
BETWEEN
$85.0 MILLION TO $90.0 MILLION FOR FISCAL 2019
    * SAYS NOW ANTICIPATE TOTAL REVENUE FOR COMBINED BUSINESS TO
INCREASE TO ESTIMATED RANGE OF $379 MILLION-$390 MILLION FOR
FISCAL 2019
    * QTRLY TOTAL BACKLOG WAS $149.6 MILLION COMPARED TO $121.1
MILLION IN Q2 2018
    * FY2019 REVENUE VIEW $381.8 MILLION -- THOMSON REUTERS
I/B/E/S

Source text: (https://bit.ly/2CUn12F)
Further company coverage:  THR.N 

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