Gates Industrial Corporation plc (GTES) Tops Q3 EPS by 5c
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Gates Industrial Reports Record Third-Quarter 2018 Results
November 1, 2018 4:10 PM EDTDENVER, Nov. 1, 2018 /PRNewswire/ --
Third-Quarter 2018 Highlights
Net sales up 8.9% year-over-year to third-quarter record of $828.4 million. Net income attributable to shareholders of $59.9 million, or $0.20 per diluted share, compared to prior-year quarter net income attributable to shareholders of $13.2 million, or $0.05 per diluted share. Adjusted Net Income of $90.6 million, or $0.30 per diluted share. Record third-quarter Adjusted EBITDA of $181.2 million and Adjusted EBITDA margin of... More