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Stock impact report

MSA Announces Second Quarter Results

MSA Safety Incorporated (MSA) 
Last msa safety incorporated earnings: 4/29 05:30 pm Check Earnings Report
US:NYSE Investor Relations: investors.msasafety.com
Company Research Source: PR Newswire
PITTSBURGH, July 25, 2018 /PRNewswire/ -- Global safety equipment manufacturer MSA Safety Incorporated (NYSE: MSA) today reported results for the second quarter of 2018. Quarterly HighlightsRevenue was $339 million, increasing 18 percent from a year ago on a reported basis and 16 percent on a constant currency basis. Excluding the acquisition of Globe, organic revenue was up 5 percent on a constant currency basis.GAAP operating income increased 247 percent to $47 million or 13.8 percent of sales, compared to $13 million or 4.7 percent of sales(1) in the same period a year ago. Adjusted operating income increased 19 percent to $58 million or 17.1 percent of sales, compared to $49 million or 16.8 percent of sales in the same period a year ago.GAAP earnings increased 165 percent to $33 million or $0.85 per diluted share, compared to $13 million or $0.32 per diluted share(1)  in the same period a year ago. Adjusted earnings increased 25 percent to $41 million or $1. Show less Read more
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