MRC Global (MRC) Tops Q1 EPS by 9c, Revenues Beat
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MRC Global Announces First Quarter 2020 Results
April 28, 2020 4:15 PM EDTHOUSTON, April 28, 2020 /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 2020 results.
The company's sales were $794 million for the first quarter of 2020, which was 4% higher than the fourth quarter of 2019 and 18% lower than the first quarter of 2019. The sequential increase was driven primarily by the U.S. gas utilities sector, which was up $21 million. As compared to the first quarter of 2019, the decrease was... More
