Revenue Update on Chart Industries(NASDAQ:GTLS)

Chart Industries(NASDAQ:GTLS) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Jul 28, 2016. Company reported revenue of $247.09M. Analysts estimated a revenue of $224.04M. Earnings per share were $0.72. Analysts had estimated an EPS of $0.13.

Chart Industries (GTLS) shares turned negative on Thursdays trading session with the shares closing down -0.23 points or -0.79% at a volume of 4,07,395. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $28.88. The peak price level was also seen at $28.88 while the days lowest was $27.972. Finally the shares closed at $28.8. The 52-week high of the shares is $31.41 while the 52-week low is $13.27. According to the latest information available, the market cap of the company is $881 M.

Several Insider Transactions has been reported to the SEC. On Nov 4, 2015, Terrence J Keating (director) purchased 1,000 shares at $18.92 per share price.

Chart Industries Inc. (Chart) is a diversified manufacturer of engineered equipment engineered equipment for the industrial gas energy and biomedical industries. The Company’s equipment and engineered systems are used for low-temperature and cryogenic applications. It operates through three segments: Energy & Chemicals (E&C) Distribution & Storage (D&S) and BioMedical. Its products include vacuum insulated containment vessels heat exchangers cold boxes and other cryogenic components. Its E&C and D&S segments manufacture products used in energy-related and industrial applications such as the separation liquefaction distribution and storage of hydrocarbon and industrial gases. Through its BioMedical segment it supplies cryogenic and other equipment used in the medical biological research and animal breeding industries. The Company through Thermax Inc. provides cryogenic fluid vaporizers utilized in industrial gas petro-chemical and liquefied natural gas applications.

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