Miller Industries (MLR) Reports Q1 EPS of $0.76
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Miller Industries Reports 2019 First Quarter Results
May 8, 2019 4:15 PM EDTCHATTANOOGA, Tenn., May 8, 2019 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) (the "Company") today announced financial results for the quarter ended March 31, 2019.
For the first quarter of 2019, net sales were $197.2 million, an increase of 23.9%, compared to $159.2 million for the first quarter of 2018. Net income in the first quarter of 2019 was $8.7 million, or $0.76 per diluted share, an increase of 29.8%, compared to net income of $6.7 million, or $0.59 per diluted share, in the prior year period.
Gross profit for the first quarter of 2019 was $22.6 million, or 11.5% of net sales, compared to $18.4... More
