Chart Industries (GTLS) Misses Q4 EPS by 9c

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Chart Industries Reports 2016 Fourth Quarter and Year-End Results

February 23, 2017 6:00 AM EST

CLEVELAND, Feb. 23, 2017 (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 fourth quarter and year ended December 31, 2016. Highlights include:

Record operating cash flow for the year of $171 millionContinues facility consolidations that are expected to result in $10 million of annualized savingsCompletes Hetsco acquisition accelerating growth of Lifecycle business

The reported net loss for the fourth quarter of 2016 was $3.3... More