Furmanite (FRM) Tops Q4 EPS by 3c
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Furmanite Corporation Reports Fourth Quarter and Full Year 2014 Results
March 6, 2015 7:30 AM ESTHOUSTON--(BUSINESS WIRE)-- Furmanite Corporation (NYSE: FRM) today reported results for the three and twelve months ended December 31, 2014.
Fourth Quarter 2014 Results
Revenues for the three months ended December 31, 2014 were $133.9 million, an increase of $3.5 million, or 2.7%, over the $130.4 million reported for the three months ended December 31, 2013. Adjusted operating income for the three months ended December 31, 2014 and 2013 was $8.4 million(A) and $5.2 million,(A) respectively, excluding $0.8 million and $0.6 million, respectively, of incremental costs associated with certain retirement, management transition and integration expenses. Net income for the 2014 fourth quarter was $4.8 million, or $0.13 per diluted... More
