01172018Wed
Last updateTue, 16 Jan 2018 4pm

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Flowserve Reports Record Second Quarter EPS of $2.13, up 92%

Flowserve Corp. announced record second quarter performance including earnings per share, sales and bookings. The company announced second quarter fully diluted EPS of $2.13, up 92%, and operating income of $171.6 million, up 77%, over the second quarter of 2007.

Source: Flowserve

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Cameron Second Quarter Earnings Per Share $0.65 vs. $0.54 Last Year

Cameron reported net income of $152.0 million, or $0.65 per diluted share, for the quarter ended June 30, 2008, compared with net income of $123.2 million, or $0.54 per diluted share, for the second quarter of 2007.

Total revenues were $1,480.6 million for the quarter, up 30% from 2007’s $1,139.0 million and income before income taxes was $223.5 million, up 26% from the $176.8 million of a year ago.

Source: Cameron

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Cameron Acquires DynaTorque From Hines Corp.

Cameron acquired the DynaTorque line of products and services from Hines Corporation. The business will now be offered through Cameron’s Flow Control division, part of the Cameron’s Drilling & Production Systems group.

Source: Cameron

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ITT Second Quarter Revenues Up

ITT Corporation reported second quarter revenues for Fluid Technology topped $1 billion for the first time ever, representing year-over-year growth of nearly 17%. Top-line growth in the segment was driven by strong organic revenue growth of 10%, led by robust international sales.

 Source: ITT

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Curtiss-Wright Flow Control Reports Second Quarter Results

Flow Control sales for the second quarter of 2008 were $226.7 million, up 39% over the comparable prior year period due to solid organic growth and the contribution from our 2007 acquisitions. Organic sales growth was 11% in the second quarter of 2008 over the comparable prior year period.

Source: Curtiss-Wright

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