Gardner Denver to merge with Ingersoll-Rand division: WSJ
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Gardner Denver, Inc. (GDI) Tops Q1 EPS by 4c, Revenues Beat; Affirms FY19 Adj. EBITDA Outlook
April 30, 2019 6:27 AM EDTGardner Denver, Inc. (NYSE: GDI) reported Q1 EPS of $0.38, $0.04 better than the analyst estimate of $0.34. Revenue for the quarter came in at $620 million versus the consensus estimate of $603.24 million.
Revenues of $620 million, flat to prior year, and up 4% excluding the impact of foreign exchange (FX)Reported net income of $47 million increased 11% over the prior yearAdjusted EBITDA of $140 million decreased 5% over the prior year, and down 2% excluding the impact of FX, with a margin of 22.6%Free cash flow of $55 million increased 9% over the prior yearCompleted debt repayment of $27 million from... More