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Paul Mueller Company Announces Its Second Quarter Earnings of 2024
Paul Mueller Company Announces Its Second Quarter Earnings of 2024.
About this update from Mueller (paul) Co.
[{"type":"text","content":"\n SPRINGFIELD, Mo., July 26, 2024 (GLOBE NEWSWIRE) -- Paul Mueller Company (OTC Pink: MUEL) (the “Company”) announces its second-quarter earnings of 2024.                            PAUL MUELLER COMPANYSIX-MONTH REPORTUnaudited(In thousands)CONSOLIDATED STATEMENTS OF INCOME                 Three Months Ended Six Months Ended Twelve Months Ended   June 30 June 30 June 30   2024 2023 2024 2023 2024 2023              Net Sales $65,670  $59,931  $116,026  $116,282  $228,900  $221,050 Cost of Sales  45,871   41,379   80,431   80,933   158,123   165,816 Gross Profit $19,799  $18,552  $35,595  $35,349  $70,777  $55,234 Selling, General and Administrative Expense  11,417   12,714   21,775   25,301   84,743   39,675 Operating Income (Loss) $8,382  $5,838  $13,820  $10,048  $(13,966) $15,559 Interest Income (Expense)  70   (80)  (1,178)  (177)  (1,351)  (369)Other Income  506   613   2,050   1,333   3,383   2,310 Income (Loss) before Provision (Benefit) for Income Taxes $8,958  $6,371  $14,692  $11,204  $(11,934) $17,500 Provision (Benefit) for Income Taxes  2,154   1,558   3,439   2,724   (4,817)  4,140 Net Income (Loss) $6,804  $4,813  $11,253  $8,480  $(7,117) $13,360               Earnings (Loss) per Com...