Gorman-Rupp Co. (GRC) Friday announced a decline in second quarter earnings on reduced revenues.
The quarterly earnings were $8.33 million or $0.32 per share down from $10.48 million or $0.40 per share in the prior. On an adjusted basis, earnings were $0.54 per share
Revenue for the quarter were $169.51 million, compared to $171.02 million last year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.