Stifel Upgrades CIRCOR International (CIR) to Buy
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CIRCOR Reports First-Quarter 2016 Financial Results
April 29, 2016 7:34 AM EDTBURLINGTON, 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 first quarter ended April 3, 2016.
First-Quarter 2016 Highlights
Delivered Revenue of $151 million and Adjusted EPS of $0.52 Accelerated cost control and restructuring actions to improve bottom-line performance Achieved Energy adjusted operating margin of 12.6% Expanded Aerospace & Defense adjusted operating margin to 9.3%CIRCOR delivered solid... More
