Gorman-Rupp (GRC) Tops Q2 EPS by 7c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- US futures fall on tech selloff as concerns about hawkish Fed, AI spending mount
- Nasdaq 100 set to shed over $1 trillion as tech selloff deepens; SpaceX slides
- Oil steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Spain's ex-transport minister sentenced to 24 years for corruption
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Gorman-Rupp Reports Second Quarter 2017 Financial Results
July 28, 2017 6:45 AM EDTMANSFIELD, Ohio--(BUSINESS WIRE)-- The Gorman-Rupp Company (NYSE: GRC) reports financial results for the second quarter and six months ended June 30, 2017.
Second Quarter 2017 Highlights
Second quarter earnings per share were $0.30, up 20% or $0.05 per share, even with a non-cash pension settlement charge of $0.05 per share in the current quarter. Net sales increased 1.7% or $1.6 million. Excluding the PCCP project, net sales increased 4.4% or $4.1 million. Incoming orders were up 12% compared to the second quarter of 2016 and up 15% compared to the first... More