Ingersoll Rand reports $1.37 billion in first-quarter revenue
Income from continuing operations was $111.6 million, while a $203.3 million loss on the High Pressure Solutions divestiture drove a $90.4 million net loss.
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Global provider of flow creation, life science, and industrial solutions
irco.comLast updated
In short: Ingersoll Rand delivered record growth, raised guidance, and expanded through acquisitions while advancing sustainability goals.
Income from continuing operations was $111.6 million, while a $203.3 million loss on the High Pressure Solutions divestiture drove a $90.4 million net loss.
Revenue rises to $1.28 billion from $1.03 billion; it completes the Club Car sale for $1.68 billion, recording a $256.7 million pre-tax gain.
Revenue rose to $1.26 billion from $629.1 million, and the company recorded a $95.8 million income tax provision. Results include the acquired Ingersoll Rand Industrial business.
Revenue rises to $799.9 million from $620.3 million, and the company completes its merger with Ingersoll Rand Industrial on February 29, 2020.
Compared with Q2 guidance language, management moved from "expect adjusted EPS to land towards the higher end of our previously communicated range" (Chairman, CEO ...
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Ingersoll Rand Inc reported earnings for its third quarter that Increases, from last year. The company's bottom line came in at $669.9 million, or $1.73...
DAVIDSON, N.C. (AP) — DAVIDSON, N.C. (AP) — Ingersoll Rand Inc. (IR) on Thursday reported third-quarter profit of $669.9 million. On a per-share basis, the...
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