Miller Industries Reports 2018 Third Quarter Results
Miller Industries, Inc. (MLR)
US:NYSE Investor Relations:
millerind.com/investor-relations
Company Research
Source: PR Newswire
CHATTANOOGA, Tenn., Nov. 7, 2018 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) (the "Company") today announced financial results for the three and nine months ended September 30, 2018.For the third quarter of 2018, net sales were $195.7 million, an increase of 27.6%, compared to $153.4 million for the third quarter of 2017. Net income in the third quarter of 2018 was $8.7 million, or $0.76 per diluted share, an increase of 94.7%, compared to net income of $4.5 million, or $0.39 per diluted share, in the prior year period. Gross profit for the third quarter of 2018 was $21.5 million, or 11.0% of net sales, compared to $15.7 million, or 10.2% of net sales, for the third quarter of 2017. Selling, general and administrative expenses were $9.5 million, or 4.8% of net sales, compared to $8.6 million, or 5.6% of net sales, in the prior year period. The Company also announced that its Board of Directors has declared a quarterly cash dividend of $0.18 per share, payable December 10, 2018
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MLR
Sec Filings
- 4/26/24 - Form ARS
- 4/26/24 - Form DEF
- 4/2/24 - Form 8-K
- MLR's page on the SEC website