Circor (CIR) Guides Q1 Below Expectations
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CIRCOR Reports Fourth-Quarter and Year-End 2015 Financial Results
February 19, 2016 7:30 AM ESTBURLINGTON, Mass.--(BUSINESS WIRE)-- CIRCOR International, Inc. (NYSE: CIR), a leading provider of valves and other highly engineered products for markets including oil & gas, power generation and aerospace & defense, today announced financial results for the fourth quarter and fiscal year ended December 31, 2015.
Fourth-Quarter 2015 Highlights
Revenues of $164.2 million Adjusted EPS of $0.63 Cost control and restructuring actions continue to drive bottom-line performance Consolidated adjusted operating margin at 10.2%, up 60 bps Energy adjusted operating margin at 13.4%... More