SPX Flow (FLOW) Tops Q1 EPS by 3c
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SPX FLOW Reports First Quarter 2020 Financial Results
May 12, 2020 6:30 AM EDTCHARLOTTE, N.C., May 12, 2020 /PRNewswire/ -- SPX FLOW, Inc. (NYSE: FLOW), a leading provider of process solutions, today reported results for the quarter ended March 28, 2020.
"Our first quarter results demonstrate our nimble operating structure, maturing business operating system and emphasis on driving high-quality revenue. Specifically, the team was able to deliver significant year-over-year improvements in gross margin despite revenues being down over 20% driven by solid execution, cost reductions and productivity savings. This strong operating foundation, underpinned by a people-first culture, has driven an effective and resilient response... More
