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Stock impact report

ParkOhio Announces Record Second Quarter 2018 Results

Park-Ohio Holdings Corp. (PKOH) 
Last park-ohio holdings corp. earnings: 3/11 04:27 pm Check Earnings Report
US:NASDAQ Investor Relations: pkoh.com/investor-relations
Company Research Source: Business Wire
Q2 2018 Revenues increased to a record $432 million, up 23% year-over-year Q2 2018 GAAP EPS was $1.18 Q2 2018 Adjusted EPS was $1.08, up 24% from $0.87 in Q2 2017 Adjusted EPS guidance increased to $3.80 - $4.00; GAAP EPS guidance increased to $3.75 - $3.95 CLEVELAND, OHIO--(BUSINESS WIRE)-- Park-Ohio Holdings Corp. (NASDAQ: PKOH) today announced its results for the second quarter of 2018. SECOND QUARTER RESULTS Net sales were a record $432.2 million in the second quarter of 2018, an increase of 23% from net sales of $350.9 million in the second quarter of 2017, driven by organic growth of 13%. The Company reported net income attributable to ParkOhio common shareholders of $14.8 million, or $1.18 per diluted share, in the second quarter of 2018, compared to $3.0 million, or $0.24 per diluted share, in the second quarter of 2 Show less Read more
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