Business
Paul Mueller Company Announces Its Fourth Quarter Earnings of 2016
Paul Mueller Company Announces Its Fourth Quarter Earnings of 2016.
About this update from Mueller (paul) Co.
[{"type":"text","content":"\n\n SPRINGFIELD, Mo., March 17, 2017 (GLOBE NEWSWIRE) -- Paul Mueller Company (OTC:MUEL) today announced earnings for the quarter ended December 31, 2016.\n  PAUL MUELLER COMPANY   TWELVE-MONTH REPORT                      CONSOLIDATED STATEMENTS OF INCOME                      (In thousands)  Three Months Ended Twelve Months Ended           December 31 December 31            2016   2015   2016   2015                          Net Sales    $  37,220  $  44,140  $  168,021  $  178,595       Cost of Sales       28,609     32,096     123,291     126,362         Gross Profit  $  8,611  $  12,044  $  44,730  $  52,233       Selling, General and Administrative Expense    9,122     8,712     47,888     39,035         Operating Income (Loss)  $  (511) $  3,332  $  (3,158) $  13,198       Interest Expense      (109)    (60)    (294)    (362)      Other Income (Expense)     369     86     209     (223)      Income (Loss) before Provision (Benefit) for Income Taxes $  (251) $  3,358  $  (3,243) $  12,613     ...