MRC Global (MRC) Tops Q1 EPS by 6c, Offers FY Guidance
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MRC Global Announces First Quarter 2019 Results
May 2, 2019 4:19 PM EDTHOUSTON, May 2, 2019 /PRNewswire/ --Â MRC Global Inc. (NYSE: MRC), the largest global distributor, based on sales, of pipe, valves and fittings and related products and services to the energy industry, today announced first quarter 2019 results.
The company's sales were $970 million for the first quarter of 2019, which was 4% lower than the fourth quarter of 2018 and 4% lower than the first quarter of 2018. The sequential decline was driven primarily by the International and Canadian segments including the concluding of a project in Kazakhstan. As compared to the first quarter of 2018, the decrease was... More
