Xerium Technologies (XRM) Misses Q1 EPS by 7c

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Xerium Reports First Quarter 2015 Financial Results

May 11, 2015 4:45 PM EDT

Xerium Full Year 2015 Outlook Improves to $120-$122 Million of Adjusted EBITDA

Q1 2015 Highlights:

Adjusted EBITDA increased to $26.2 million Backlog increased sequentially by 4% SG&A declined year over year by 8% Adjusted EBITDA guidance improved to a range of $120-$122 million

YOUNGSVILLE, N.C.--(BUSINESS WIRE)-- Xerium Technologies, Inc. (NYSE: XRM), a leading global provider of industrial consumable products and services announced its Q1 2015 results.

Q1 2015... More