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Gorman-Rupp posts 2Q profit

MANSFIELD, Ohio (AP) _ Gorman-Rupp Co. (GRC) on Friday reported second-quarter profit of $7.8 million.

The Mansfield, Ohio-based company said it had net income of 30 cents per share. Earnings, adjusted for non-recurring costs, were 35 cents per share.

The pump maker posted revenue of $97.9 million in the period.

Gorman-Rupp shares have decreased 14 percent since the beginning of the year. The stock has climbed 3 percent 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