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Article: CIRCOR Reports Third Quarter Earnings of $0.28 Per Share; * Revenues increased 4.3% while earnings per share climbed 16.7% on improved Petrochemical Segment performance.
- Article from:
- PR Newswire
- Article date:
- October 23, 2003
CopyrightCOPYRIGHT 2003 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CIRCOR International, Inc. , a leading provider of valves and fluid control products for the instrumentation, fluid regulation and petrochemical markets, announced today results for the third quarter ended September 30, 2003. Net income for the third quarter of 2003 was $4.4 million, or $0.28 per diluted share, compared to $3.8 million, or $0.24 per diluted share, for the 2002 third quarter, an increase of 16.7% in earnings per share. Revenues for the 2003 third quarter were $86.7 million, an increase of 4.3% from $83.1 million for the third quarter of 2002.
For the nine months ended September 30, 2003, net income was $12.6 million, or $0.81 per diluted share, ...