Sun Hydraulics (SNHY) Tops Q2 EPS by 15c; Raises Outlook
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Sun Hydraulics Reports Second Quarter 2017 Results
August 7, 2017 4:15 PM EDTSales of $89.3 million, up 76% EPS of $0.27 per share; Non-GAAP EPS of $0.52 per share Adjusted EBITDA nearly doubled to $25 million, or 28% of sales Accelerating facility investments to support growth increases 2017 CapEx expectations to $20 to $25 million Increasing 2017 consolidated revenue guidance to $315 to $330 million and operating margin before acquisition-related amortization to 22% to 24%
SARASOTA, Fla.--(BUSINESS WIRE)--... More
