SPX Flow (FLOW) Reports Q1 Loss of $0.01; Reaffirms Outlook
Get Alerts FLOW Hot Sheet
Financial Fact:
Research and Engineering: 2.86M
Today's EPS Names:
FRSB, DGICA, UXIN, More
Join SI Premium – FREE
SPX Flow (NYSE: FLOW) reported Q1 EPS of ($0.01). Revenue for the quarter came in at $433.2 million, versus $505 million reported last year.
The company reaffirmed its 2017 full year guidance.
"Our first quarter results reflect positive momentum on our initiatives to drive order growth, an improved cost structure and cash generation. Orders were up 2% over the prior year and up 18% sequentially, highlighted by key order wins in the North American oil pipeline market and several small-to-mid-size system orders for food and beverage applications. Our backlog increased 16% to $913 million, up $129 million from the end of 2016," said Marc Michael, President and Chief Executive Officer.
For earnings history and earnings-related data on SPX Flow (FLOW) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Gilead Sciences (GILD) Misses Q1 EPS by 288c
- Customers Bancorp (CUBI) Tops Q1 EPS by 3c
- Mohawk Industries (MHK) Tops Q1 EPS by 19c
Create E-mail Alert Related Categories
Earnings, GuidanceRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!