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Stock Market & Financial Investment News

News Breaks
August 4, 2014
18:24 EDTNTKNortek reports Q2 GAAP EPS ($2.97), may not compare to consensus $1.45
Reports Q2 revenue $718.6M, consensus $682.35M. The acquisition of Reznor, which closed on April 30, contributed a $1.4M GAAP operating loss and a $1.0M adjusted operating loss including the impact of accounting for the fair value of assets acquired and liabilities assumed. Reznor contributed $2.8M to the increase in adjusted EBITDA for the second quarter.
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