Gorman-Rupp: 4Q Earnings Snapshot
MANSFIELD, Ohio (AP) _ Gorman-Rupp Co. (GRC) on Friday reported fourth-quarter net income of $9.5 million.
On a per-share basis, the Mansfield, Ohio-based company said it had profit of 36 cents. Earnings, adjusted for non-recurring costs, were 43 cents per share.
The pump maker posted revenue of $103 million in the period.
For the year, the company reported profit of $40 million, or $1.53 per share. Revenue was reported as $414.3 million.
Gorman-Rupp shares have climbed slightly more than 4 percent since the beginning of the year. The stock has increased 22 percent in the last 12 months.