Thermon Group Holdings (THR) Tops Q2 EPS by 4c
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Thermon Reports Second Quarter Fiscal 2018 Results
October 23, 2017 8:01 AM EDTSAN MARCOS, Texas, Oct. 23, 2017 (GLOBE NEWSWIRE) -- Thermon Group Holdings, Inc. (NYSE: THR) (the "Company," "Thermon," "we" or "our") today announced consolidated financial results for the second quarter of the fiscal year ending March 31, 2018 ("Q2 2018").
Financial summary for Q2 2018 compared to the three months ended September 30, 2016 ("Q2 2017"):
   Revenue of $61.6 million, a decrease of 10%     Backlog of $121.1 million vs. $85.7 million, growth of 41%     Orders of $72.6 million, a 23% increase     Gross margin of 50% vs. 42%     Fully diluted GAAP EPS and adjusted EPS are both $0.15 compared to $0.11 and $0.10, respectively
"We are pleased with our Q2 2018 operating results. While revenue was... More
