PMFG (PMFG) Tops Q1 EPS by 19c

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Go back to PMFG (PMFG) Tops Q1 EPS by 19c

PMFG, Inc. (Parent of Peerless Mfg. Co.) Reports First Quarter Fiscal Year 2015 Financial Results

November 6, 2014 7:30 AM EST

DALLAS, Nov. 6, 2014 (GLOBE NEWSWIRE) -- PMFG, Inc. (the "Company") (Nasdaq: PMFG) today reported financial results for the first quarter ended September 27, 2014.

First Quarter Fiscal Year 2015 Compared to First Quarter Fiscal Year 2014

Revenue in the first quarter of fiscal 2015 increased $16.2 million, or 55.7%, to $45.3 million. The improvement in revenue is attributed largely to the increased demand for our environmental systems applications, as well as the addition of CCA Combustion Solutions ("CCA"), which was acquired in March 2014. Additionally, activity in China, the Middle East and North Africa resulted in stronger revenue in our... More