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Flowserve Reports Second Quarter EPS of $1.92, Including Realignment Charges of $0.25

Thursday, July 30, 2009  
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Flowserve Corp. announced second quarter results in its Form 10-Q report for the second quarter of 2009 filed with the Securities and Exchange Commission. The company announced second quarter fully diluted EPS of $1.92, down $0.20 or 9%, including realignment charges of $0.25. Bookings for the second quarter were $1.04 billion, down 21%, or 13% excluding negative currency effects of $106 million. Second quarter sales decreased to $1.09 billion, down 6%, or up 4% excluding negative currency effects of $110 million. The company also reported continued strong backlog of $2.71 billion, including positive currency effects of $35 million. More…

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