Revenue Update on SPX Flow Inc(NYSE:FLOW)

SPX Flow Inc(NYSE:FLOW) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Aug 3, 2016. Company reported revenue of $528.80M. Analysts estimated a revenue of $64.15M. Earnings per share were $0.46.

Several Insider Transactions has been reported to the SEC. On Feb 29, 2016, Belinda Hyde (VP and CHRO) purchased 1,400 shares at $18.35 per share price.Also, On Feb 19, 2016, David J. Wilson (Pres., Industrial) purchased 37,000 shares at $16.94 per share price.

SPX FLOW Inc. is a global supplier of engineered flow components process equipment and turnkey systems along with the related aftermarket parts and services. The Company’s product portfolio includes pumps valves mixers filters air dryers hydraulic tools homogenizers separators and heat exchangers along with the related aftermarket parts and services. It operates in three segments: Food and Beverage Power and Energy and Industrial. The Food and Beverage segment products include mixing drying evaporation and separation systems and components heat exchangers and reciprocating and centrifugal pump technologies. The Power and Energy segment primarily serves customers in the oil and gas industry and the nuclear and other conventional power industries. The Industrial segment primarily serves customers in the chemical air treatment mining pharmaceutical marine shipbuilding infrastructure construction automotive and water treatment industries.

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