BofA/Merrill Lynch Upgrades Generac Holdings (GNRC) to Neutral

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Generac Reports Third Quarter 2015 Results

October 28, 2015 6:00 AM EDT

Strong sequential improvement in sales and margins in line with internal expectations

WAUKESHA, Wis.--(BUSINESS WIRE)-- Generac Holdings Inc. (NYSE: GNRC) (the Company), a leading designer and manufacturer of power generation equipment and other engine powered products, today reported financial results for its third quarter ended September 30, 2015.

Third Quarter 2015 Highlights

Net sales during the third quarter of 2015 increased 2.0% to $359.3 million as compared to $352.3 million in the prior-year third quarter. Third quarter of 2015 net sales increased 24.6% as compared to $288.4 million in the second quarter of 2015.... More