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Gorman-Rupp Q2 Profit Declines

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

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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