Furmanite (FRM) Misses Q1 EPS by 1c
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Furmanite Corporation Reports First Quarter 2015 Results
May 11, 2015 7:47 AM EDTHOUSTON--(BUSINESS WIRE)-- Furmanite Corporation (NYSE: FRM) today reported results for the quarter ended March 31, 2015.
First Quarter 2015 Results
Revenues for the three months ended March 31, 2015 were $122.3 million, a decrease of $2.6 million, or 2.1%, from the $124.9 million reported for the three months ended March 31, 2014. Operating income was $2.3 million for the 2015 first quarter, compared to $2.5 million for the same quarter last year. Net income was $0.3 million, or $0.01 per diluted share, in the 2015 first quarter, compared to $1.0 million, or $0.03 per diluted share, in the 2014 first quarter.
Foreign currency exchange rate changes unfavorably impacted... More
