PMFG, Inc. (PMFG) Posts Q4 adj.-Loss of 26c/Share

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PMFG, Inc. (Parent of Peerless Mfg. Co.) Reports Fourth Quarter and Fiscal Year 2014 Financial Results

September 10, 2014 6:30 AM EDT

DALLAS, Sept. 10, 2014 (GLOBE NEWSWIRE) -- PMFG, Inc. (the "Company") (Nasdaq: PMFG) today reported financial results for the fourth quarter and fiscal year ended June 28, 2014.

Fourth Quarter Fiscal Year 2014

Net bookings in the fourth quarter of fiscal 2014 increased $4.7 million, or 10.8%, to $48.3 million, attributed largely to the increased demand for air pollution control equipment both domestically and internationally. The acquisition of substantially all of the assets of CCA Combustion Components Associates ("CCA Combustion Solutions") in March 2014 also contributed to the year over year increase. The higher level of bookings in the... More