MRC Global (MRC) Tops Q1 EPS by 10c

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Go back to MRC Global (MRC) Tops Q1 EPS by 10c

MRC Global Announces First Quarter 2015 Results

April 30, 2015 4:15 PM EDT

HOUSTON, April 30, 2015 /PRNewswire/ -- MRC Global Inc. (NYSE: MRC), the largest global distributor, based on sales, of pipe, valves and fittings (PVF) and related products and services to the energy industry, today announced first quarter 2015 results.

The company's sales were $1.292 billion for the first quarter of 2015, which were 1% lower than the first quarter of 2014 and 14.5% lower than the fourth quarter of 2014. As compared to the first quarter of 2014, sales were negatively impacted by $46.1 million in the first quarter of 2015 due to weaker foreign currencies relative to the U.S.... More