Circor: 1Q Earnings Snapshot
by The Associated PressBURLINGTON, Mass. (AP) _ Circor International Inc. (CIR) on Friday reported a loss of $78.9 million in its first quarter.
On a per-share basis, the Burlington, Massachusetts-based company said it had a loss of $3.96. Earnings, adjusted for one-time gains and costs, came to 20 cents per share.
The maker of valves and other engineered products posted revenue of $192.2 million in the period.
Circor shares have dropped 66% since the beginning of the year. The stock has declined 63% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CIR at https://www.zacks.com/ap/CIR
The Associated Press