Xerium Technologies (XRM) Reports In-Line Q2 EPS
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Xerium Reports Second Quarter Results
August 5, 2014 5:04 PM EDTAdjusted EBITDA improves over 2013 Q2 and Q1 2014 No change to full year 2014 guidance range of $116 to $120 million Adjusted EBITDA
YOUNGSVILLE, N.C., Aug. 5, 2014 (GLOBE NEWSWIRE) -- Xerium Technologies, Inc. (NYSE: XRM), a leading global provider of industrial consumable products and services, reported Q2 2014 net income of $0.8 million, including restructuring charges of $7.6 million and currency revaluation losses of $0.3 million. Q2 2013 net loss was $(6.9) million, including costs related to a debt refinancing of $6.8 million and restructuring charges of $4.2 million.
Second-Quarter Financial Highlights
Adjusted EBITDA for Q2... More