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Paul Mueller Company Announces Its Fourth Quarter Earnings of 2024
Paul Mueller Company Announces Its Fourth Quarter Earnings of 2024.
About this update from Mueller (paul) Co.
[{"type":"text","content":"\n SPRINGFIELD, Mo., March 31, 2025 (GLOBE NEWSWIRE) -- Paul Mueller Company (OTC Pink: MUEL) (the “Company”) announces its fourth-quarter earnings of 2024. PAUL MUELLER COMPANY         TWELVE-MONTH REPORT(In thousands)         CONSOLIDATED STATEMENTS OF INCOME           Three Months Ended Twelve Months Ended  December 31 December 31   2024   2023   2024   2023          Net Sales $70,474  $55,786  $248,585  $229,156 Cost of Sales  44,665   38,744   166,124   158,625 Gross Profit $25,809  $17,042  $82,461  $70,531 Selling, General and Administrative Expense  12,235   51,723   46,248   88,269 Operating Income (Loss) $13,574  $(34,681) $36,213  $(17,738)Interest Expense  (45)  (91)  (301)  (350)Other Income  492   856   2,377   2,666 Income (Loss) before Provision (Benefit) for Income Taxes $14,021  $(33,916) $38,289  $(15,422)Provision (Benefit) for Income Taxes  2,881   (10,042)  8,617   (5,532)Net Income (Loss) $11,140  $(23,874) $29,672  $(9,890)         Earnings (Loss) per Common Share –– Basic and Diluted $11.89  ($21.99) $30.46  ($9.11)              CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME     Twelve Months Ended December 31  2024   2023     Net Income (Loss)$29,672  $(9,890)Other Comprehensive Income (Loss), Net of Tax:   Foreign Currency Translation Adjustment (1,577)  677 Change in Pension Liability 64   3...