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Gorman-Rupp posts 1Q profit

MANSFIELD, Ohio (AP) _ Gorman-Rupp Co. (GRC) on Thursday reported first-quarter earnings of $5.1 million.

On a per-share basis, the Mansfield, Ohio-based company said it had profit of 19 cents. Earnings, adjusted for non-recurring costs, were 23 cents per share.

The pump maker posted revenue of $92.6 million in the period.

Gorman-Rupp shares have dropped almost 3 percent since the beginning of the year. The stock has increased slightly in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GRC at https://www.zacks.com/ap/GRC


Keywords: Gorman-Rupp, Earnings Report