YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
While Paul Mueller Co.’s (OTC: MUEL) revenue dropped, its earnings rose in the third quarter.
The Springfield-based stainless steel equipment manufacturer reported net income of $1.14 million, a roughly 38% increase compared with profits of $824,000 a year earlier. Diluted share earnings rose 26 cents to 95 cents per share during the three-month period ended Sept. 30, according to a news release.
Mueller Co.’s revenue was down, largely due to a drop in sales at its Dutch subsidiary, as domestic revenue climbed during the quarter. Net revenue dipped 1.8% to nearly $46 million.
The company’s assets were $126.3 million and its backlog was $86.4 million as of Sept. 30, according to the release.
Mueller Co.’s over-the-counter stock was trading at $27 as of 10:03 a.m., compared with a 52-week range of $22.60 to $35.
Under construction beside the existing Republic branch of the Springfield-Greene County Library District – which remains in operation throughout the project – is a new building that will double the size of the original, according to library officials.
Council taps next city manager
C-Street Cuban restaurant closing
Mahomes-backed Whataburger franchisee takes over operation of Springfield-area restaurants
Nixa woman pleads guilty to fraud
Business owner Christa Stephens dies at 49
State Senate votes to repeal paid sick leave provision
Lawmakers greenlight doctoral degree legislation that would benefit MSU
