Global Power Equipment Group Inc. Reports Second Quarter FY2004 EPS of $0.01; Higher Steel Costs Impact Margins, Bookings Outlook Favorable.

Business Wire › July 26, 2004

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Global Power Equipment Group Inc. Reports Second Quarter FY2004 EPS of $0.01; Higher Steel Costs Impact Margins, Bookings Outlook Favorable.

TULSA, Okla. -- Global Power Equipment Group Inc. (NYSE:GEG), a leading design, engineering and fabrication firm providing a broad array of equipment and services to diversified global companies engaged in the power and process industries, today reported financial results for the second quarter ended June 26, 2004.

Global Power Equipment Group reported earnings for the second quarter of fiscal 2004 of $0.3 million, or $0.01 per diluted share, on revenues of $57.0 million. This compares to net earnings of $4.8 million, or $0.11 per diluted share, on revenues o...

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