CIRCOR (CIR) Misses Q1 EPS by 25c, Revenues Beat

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Go back to CIRCOR (CIR) Misses Q1 EPS by 25c, Revenues Beat

CIRCOR Reports First-Quarter 2020 Financial Results

May 29, 2020 7:00 AM EDT

BURLINGTON, Mass.--(BUSINESS WIRE)-- CIRCOR International, Inc. (NYSE: CIR), one of the worlds leading providers of flow control products and services for the Industrial and Aerospace & Defense markets, today announced GAAP and adjusted financial results for the first quarter ended March 29, 2020.

First-Quarter 2020 Overview

Prioritizing health and safety while continuing our strategic transformation and managing business continuity during the COVID-19 pandemic Orders of $208 million produced a book-to-bill ratio of 1.09 and backlog increase of $16 million Revenue of $192 million, down 20% reported, down 9% organically Aerospace & Defense revenue of... More