Business
Paul Mueller Company Announces Its Third Quarter Earnings of 2017
Paul Mueller Company Announces Its Third Quarter Earnings of 2017.
About this update from Mueller (paul) Co.
[{"type":"text","content":"\n\n SPRINGFIELD, Miss., Oct. 27, 2017 (GLOBE NEWSWIRE) -- Paul Mueller Company (OTC:MUEL) today announced earnings for the quarter ended September 30, 2017.\n  PAUL MUELLER COMPANY  NINE-MONTH REPORT Unaudited (In thousands)                  CONSOLIDATED STATEMENTS OF INCOME                       Three Months Ended Nine Months Ended Twelve Months Ended      September 30 September 30 September 30      2017 2016 2017 2016 2017 2016                  Net Sales $48,271  $44,116  $125,512  $130,801  $162,732  $174,940  Cost of Sales  34,274   33,117   89,225   94,682   117,834   126,778  Gross Profit $13,997  $10,999  $36,287  $36,119  $44,898  $48,162  Selling, General and Administrative Expense  10,527   16,045   31,542   38,766   40,664   47,477  Operating Income (Loss) $3,470  $(5,046) $4,745  $(2,647) $4,234  $685  Interest Expense  (137)  (86)  (248)  (185)  (357)  (246) Other Income (Expense)  (356)  (49)  (563)  (160)  (194)  (74) Income (Loss) before Provision (Benefit) for Income Taxes $2,977  $(5,181) $3,934  $(2,992) $3,683  $365  Provision (Benefit) for Income Taxes  1,171   (1,982)  1,618   (1,466)  2,122   213  Net Income (Loss) $1,806  $(3,199) $2,316  $(1,526) $1,561  $152        ...