PMFG (PMFG) Misses Q2 EPS by 7c

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PMFG, Inc. (parent of Peerless Mfg. Co.) Reports Second Quarter Fiscal Year 2015 Financial Results

February 5, 2015 7:31 AM EST

DALLAS, Feb. 5, 2015 (GLOBE NEWSWIRE) -- PMFG, Inc. (the "Company") (Nasdaq: PMFG) today reported financial results for the quarter ended December 27, 2014.

Second Quarter Fiscal Year 2015 Compared to 2014

Revenue in the second quarter of fiscal 2015 increased $11.3 million or 38.2 percent to $40.9 million. The year over year growth in revenue is largely attributed to increased revenue in the United States and EMEA regions. The acquisition of the assets of CCA Combustion Systems ("CCA") in March 2014 combined with higher demand for environmental solutions resulted in a greater than 150 percent increase in revenue in the Environmental... More