Gorman Rupp Co Q1 FY2024 Earnings Call

Gorman Rupp Co (GRC)

Earnings Call FY2024 Q1 Call date: 2024-04-25 Concluded

Quarter scorecard

Revenue

$159.27M

-0.7% YoY

Gross margin

30.4%

+2.0 pp YoY

Net income

$7.88M

+20.9% YoY

Industrial $33.56M

+0.7%

Fire Market $32.29M

-10.6%

Construction $21.48M

+3%

Agriculture $20.41M

-3.2%

Municipal $20.21M

+16.1%

Repair Parts $17.26M

+0.3%

Original Equipment Manufacturer $8.16M

Petroleum $5.90M

+7.7%