Gorman Rupp Co Q2 FY2024 Earnings Call

Gorman Rupp Co (GRC)

Earnings Call FY2024 Q2 Call date: 2024-07-26 Concluded

Quarter scorecard

Revenue

$169.51M

-0.9% YoY

Gross margin

31.9%

+1.7 pp YoY

Net income

$8.34M

-20.4% YoY

Industrial $34.57M

-3.3%

Fire Market $28.96M

-21.6%

Municipal $26.21M

+34.1%

Construction $21.91M

-2.4%

Agriculture $21.38M

-7%

Repair Parts $19.36M

+3.4%

Original Equipment Manufacturer $11.68M

Petroleum $5.45M

+5.6%

Dividend / share

$0.18

ex Aug 15