CIRCOR Reports Fourth-Quarter and Year-End 2018 Financial Results
CIRCOR International, Inc. (CIR)
Last circor international, inc. earnings: 3/2 06:55 am
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US:NYSE Investor Relations:
investors.circor.com/phoenix.zhtml?c=109457&p=irol-presentations_pf
Company Research
Source: Business Wire
BURLINGTON, Mass.--(BUSINESS WIRE)-- CIRCOR International, Inc. (NYSE: CIR), a leading provider of flow control solutions and other highly engineered products for the Industrial, Energy and Aerospace & Defense markets, today announced financial results for the fourth quarter and full year ended December 31, 2018. Results include the acquisition of the Colfax Fluid Handling business, which CIRCOR acquired in December 2017. Fourth-Quarter 2018 Highlights Orders of $297 million, up 37% on a reported basis and up 2% on a pro forma organic basis Revenue of $301 million, up 47% on a reported basis and up 4% on a pro forma organic basis GAAP Operating Margin of 2.1%, up 460 bps Adjusted Operating Margin of 9.1%, up 320 bps on a pro forma basis GAAP Loss per Share of ($1.06); Adjusted Earnings per Share of $0.62 Operat
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