Miller Industries (MLR) Reports Q3 EPS of $0.20

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Go back to Miller Industries (MLR) Reports Q3 EPS of $0.20

Miller Industries Reports 2015 Third Quarter Results

November 4, 2015 4:45 PM EST

CHATTANOOGA, Tenn., Nov. 4, 2015 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) (the "Company") today announced financial results for the third quarter ended September 30, 2015.

For the third quarter of 2015, net sales were $126.2 million, an increase of 6.6%, compared to $118.4 million for the third quarter of 2014. Net income in the third quarter of 2015 was $3.2 million, or $0.28 per diluted share, a decrease of 9.3% as compared to net income of $3.5 million, or $0.31 per diluted share, in the prior year period.

Gross profit for the third quarter of 2015 was $12.8 million, or 10.1% of net sales, compared to... More