ASV Holdings, Inc. Provides Preliminary Full Year 2017 Update
ASV HOLDINGS (ASV)
Last asv holdings earnings: 5/2 04:01 pm
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US:NASDAQ Investor Relations:
ir.asvi.com
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Source: Business Wire
GRAND RAPIDS, Minn.--(BUSINESS WIRE)-- ASV Holdings, Inc. (NASDAQ: ASV), a leading provider of rubber-tracked compact track loaders and wheeled skid steer loaders in the compact construction equipment market, today announced preliminary, unaudited results for the full year 2017. Full year 2017 revenues are expected to be in the range of $120-$125 million compared to $103.8 million in 2016. The increase in revenues is due primarily to a continued increase in independent dealer and rental locations selling branded ASV machines, which were 222 locations in North America at December 31, 2017. Earnings per share is expected to be in the range of $0.18 to $0.20, compared to loss per share of $(0.15) in 2016. Adjusted earnings per share, excluding the impact of relocating the parts and distribution center to Grand Rapids and debt refinancing expenses charged to the fourth quarter of 2017, as previously disclosed,
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