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Gorman-Rupp Q2 Profit Declines

July 26, 2024 — 07:15 am EDT

Written by RTTNews.com for RTTNews->

(RTTNews) - 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.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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