Flowserve Corporation reports second quarter 2015 results
Published by Stephanie Roker,
Editor
World Pipelines,
Flowserve Corporation – a leading provider of flow control products and services for the global infrastructure markets – reported adjusted earnings per share (EPS) of US$0.80 for the 2015 second quarter, which includes US$0.06 per share of negative currency translation as compared to last year, and excludes US$0.24 per share of adjusted items.
As previously disclosed, Flowserve’s 2015 adjusted EPS calculation excludes the impact of the SIHI Group (SIHI) acquisition, which was completed on 7 January 2015, as well as below-the-line foreign currency effects and specific one-time events, such as the 2015 realignment initiatives.
Second quarter 2015 summary (all comparisons versus prior year quarter, unless otherwise noted):
Read the article online at: https://www.worldpipelines.com/business-news/03082015/flowserve-corporation-reports-second-quarter-2015-results/
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