Chart Industries Reports 2020 First Quarter Results
Chart Industries, Inc. (GTLS)
Last chart industries, inc. earnings: 4/23 06:00 am
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US:NASDAQ Investor Relations:
ir.chartindustries.com/file/index?keyfile=29239812
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Source: GlobeNewswire
ATLANTA, April 23, 2020 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NASDAQ: GTLS), a leading diversified global manufacturer of highly engineered equipment for the industrial gas and energy industries, today reported results for the first quarter ended March 31, 2020. Further details can be found in the supplemental presentation included with this release. Highlights include: Orders for medical oxygen critical care products increased by 34% over the first quarter 2019; Increased associated production by over 50% to meet continued demand for liquid oxygen for COVID-19 patientsGross margin as a percent of sales of 28.5% (29.7% normalized for restructuring charges) is an increase of 530 basis points over the first quarter 2019 and 350 basis points over the fourth quarter 2019 reflecting benefits from completed cost reduction actionsExecuted on $49 million of annualized cost savings year-to-date 2020; this is in addition to the $38 million completed in 2019Booked $29.5 million order
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News
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- Those who invested in Chart Industries (NYSE:GTLS) five years ago are up 67% [Yahoo! Finance]Yahoo! Finance
- Chart Industries (GTLS) Reports Next Week: Wall Street Expects Earnings Growth [Yahoo! Finance]Yahoo! Finance
- Global Hydrogen Storage and Transportation Industry Report 2023-2033: Rise in Fuel Cell Vehicles, Opportunities in Partnerships and Collaborations, Government Policies, Technology Advancements [Yahoo! Finance]Yahoo! Finance
- Chart Industries, Inc. (NYSE: GTLS) is now covered by analysts at Morgan Stanley. They set an "equal weight" rating and a $200.00 price target on the stock.MarketBeat
GTLS
Earnings
- 2/28/24 - Beat
GTLS
Sec Filings
- 4/10/24 - Form ARS
- 4/10/24 - Form DEFA14A
- 4/10/24 - Form DEF
- GTLS's page on the SEC website