Lake Street Capital Markets Upgrades Chart Industries (GTLS) to Buy

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Chart Industries Reports 2016 First Quarter Results

April 28, 2016 5:30 AM EDT

CLEVELAND, April 28, 2016 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NASDAQ: GTLS), a leading diversified global manufacturer of highly engineered equipment for the industrial gas, energy and biomedical industries, today reported results for the first quarter ended March 31, 2016.  Highlights include:

Strong operating cash flow of $38 million Chart Thermax wins contract for Indian LNG import terminal Cost reduction initiatives delivering results

Net loss for the first quarter of 2016 was $4.7 million, or $0.15 per diluted share.  First quarter 2016 earnings would... More