Douglas Dynamics (PLOW) Misses Q3 EPS by 9c; Reiterates Outlook
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Douglas Dynamics Announces Third Quarter 2016 Results
October 31, 2016 6:00 PM EDTHighlights:
Third quarter net sales of $123.6 million, in line with Company expectationsProduced earnings per diluted share of $0.32 for the third quarterReported net income for the quarter of $7.3 millionReported Adjusted EBITDA for the quarter of $25.1 million Successfully completed acquisition of Dejana Truck & Utility Equipment Company, Inc. on July 15, 2016Created two reporting segments: Work Truck Attachments and Work Truck SolutionsCompany paid $0.235 per share cash... More