MFRI Announces 3Q15 Results; EPS of $0.83
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MFRI, Inc. (MFRI) Swings to Q3 Profit
December 8, 2015 8:39 AM ESTMFRI, Inc. (NASDAQ: MFRI) reported Q3 EPS of $0.83, versus ($0.09) reported last year. Revenue for the quarter came in at $66.3 million, versus $43.8 million reported last year.
CEO Bradley Mautner commented, "During the third quarter, we began delivering orders and generating income from the many significant wins secured by Perma-Pipe during the first half of the year. The piping contracts we have been executing include both large-scale infrastructure projects in the Middle East and significant mining and oil & gas projects in North America. The successful scale-up of our facilities and production processes for these... More
