Business
Paul Mueller Company Announces Its Third Quarter Earnings of 2021
Paul Mueller Company Announces Its Third Quarter Earnings of 2021.
About this update from Mueller (paul) Co.
[{"type":"text","content":"\n SPRINGFIELD, Mo., Oct. 29, 2021 (GLOBE NEWSWIRE) -- Paul Mueller Company (OTC: MUEL) today announced earnings for the quarter ended September 30, 2021. PAUL MUELLER COMPANYNINE-MONTH REPORTUnaudited(In thousands) CONSOLIDATED STATEMENTS OF INCOME                          Three Months Ended Nine Months Ended Twelve Months Ended                   September 30 September 30 September 30  2021   2020   2021   2020   2021   2020               Net Sales     $43,063  $51,607  $137,620  $146,990  $191,746  $202,256  Cost of Sales      32,959   35,504   98,706   102,405   136,614   140,957          Gross Profit     $10,104  $16,103  $38,914  $44,585  $55,132  $61,299  Selling, General and Administrative Expense  11,267   11,167   34,128   33,156   45,127   45,127  Goodwill Impairment Expense    -   -   -   -   15,397   -          Operating Income (Loss)   $(1,163) $4,936  $4,786  $11,429  $(5,392) $16,172  Interest Expense      (102)  (110)  (644)  (819)  (817)  (838) Other Income (Expense)     (94)  427   1,948   869   2,287   854  Income (Loss) before Provision (Benefit) for Income Taxes$(1,359) $5,253  $6,090 &#...