Circor (CIR) Tops Q2 EPS by 6c

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CIRCOR Reports Second-Quarter 2016 Financial Results

July 29, 2016 7:30 AM EDT

BURLINGTON, 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 second quarter ended July 3, 2016.

Second-Quarter 2016 Highlights

Delivered revenue of $146 million Achieved GAAP EPS of $0.23 and Adjusted EPS of $0.53 Aerospace & Defense orders of $47 million, up 56% versus prior year Restructuring actions remain on track to deliver $15 million of savings in 2016... More