Posted October 26, 2017

Gardner Denver revenues up 40 percent

Gardner Denver Holdings announced third-quarter revenues of $649.6 million, up 40 percent versus prior year and a 38 percent increase excluding the impact of foreign currency.

Third-quarter revenues in 2016 were $462.6 million.

Net income in the quarter of $28.0 million resulted in an earnings per share of 13 cents. That compares to a loss of $13 million, or a loss of 9 cents per share, in the same period last year.

Revenues in the Industrials segment of $288.2 million, were up 9 percent versus prior year.