Remy Intl (REMY) Tops Q1 EPS by 17c

Go back to Remy Intl (REMY) Tops Q1 EPS by 17c

Remy International, Inc. Announces First Quarter 2015 Results, Dividend Increased by 10%, Provides Full Year 2015 Guidance

May 6, 2015 6:03 PM EDT

PENDLETON, Ind., May 6, 2015 /PRNewswire/ -- Remy International, Inc. (NASDAQ: REMY), a leading worldwide manufacturer, remanufacturer, and distributor of starter motors and alternators,  multi-line products and hybrid electric motors, today announced its financial results for the first quarter ended March 31, 2015.  Remy also announced a 10% increase in its quarterly dividend to $0.11 per share payable on May 29, 2015 to stockholders of record on May 18, 2015.

Jay Pittas, Remy International, Inc. President and CEO commented, "We performed well in a tough environment with strong currency headwinds and macro-economic conditions.  We are excited by the continued... More