Gardner Denver, Inc. (GDI) Tops Q2 EPS by 9c
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Gardner Denver Reports Strong Second Quarter 2017 Results
August 2, 2017 4:30 PM EDTRevenues of $579.1 million, up 25% versus prior year Reported net loss of $146.3 million, which includes $226.7 million of pre-tax expenses for stock-based compensation (non-cash), loss on extinguishment of debt, and other fees related to the initial public offering Adjusted EBITDA of $132.1 million, up 53% versus the prior year, with adjusted EBITDA margin of 22.8%, an improvement of 410 basis points versus prior year Adjusted earnings per share of $0.24 up 41% versus prior year Introducing 2017 guidance of adjusted EBITDA between $510 million and $530 million, reflecting our strong first half performance, our... More
