Furmanite (FRM) Reports In-Line Q1 EPS

Furmanite (NYSE: FRM) reported Q1 EPS of $0.03, in-line with the analyst estimate of $0.03. Revenue for the quarter came in at $124.9 million versus the consensus estimate of $118 million.

Charles R. Cox, Chairman and CEO of Furmanite Corporation said, “We are pleased that we were able to mitigate somewhat the financial impact of the ‘Polar Vortex’ and still report both a profitable quarter and our best ever first quarter revenue performance! We remain fully committed to all aspects of our long-term transformation of Furmanite, and see strong indications that our Orange Way ‘one single global team’ concept is now taking firm hold beyond the Americas region.”

For earnings history and earnings-related data on Furmanite (FRM) click here.

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