Global Power Equipment Group (GLPW) Misses Q1 EPS by 4c
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Global Power Reports Gross Margin Expands 390 Basis Points on Revenue of $104.9 Million in First Quarter 2014
May 2, 2014 6:55 AM EDTIRVING, Texas, May 2, 2014 (GLOBE NEWSWIRE) -- Global Power Equipment Group Inc. (Nasdaq: GLPW) ("Global Power" or "Company") today reported its financial results for the first quarter 2014.
Luis Manuel RamÃrez, President and CEO of Global Power, commented, "We delivered a strong quarter and are off to a solid start for achieving our 2014 operational and financial goals. Our strategy to invest in the natural gas sector is working and our commercial efforts are yielding results. We have expanded our capabilities to more fully participate in increasing infrastructure investments. In addition, our business realignment, energized... More
