Sun Hydraulics (SNHY) Reports In-Line Q4 EPS

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Go back to Sun Hydraulics (SNHY) Reports In-Line Q4 EPS

Sun Hydraulics Reports Fourth Quarter and Full Year 2017 Results

February 26, 2018 4:15 PM EST

Full year sales of $343 million, up 74%; EPS of $1.17 per share Non-GAAP EPS of $1.60, up 72% 2017 adjusted EBITDA of $87.2 million, 25.4% of sales Raised $240 million in public equity offering to support growth strategy Introducing 2018 revenue guidance of $370 to $385 million, adjusted operating margin of 22.7% to 24.0% Does not include Faster Group, acquisition expected to close in second quarter

SARASOTA, Fla.--(BUSINESS WIRE)--... More