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Global Power Equipment Group Reports Revenue of $116 Million in Second Quarter 2013
Aug 8, 2013
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Acquisitions contributed revenue of $12.8 million which more than offset declines in organic Products business
Generated cash from operations of $19.8 million in the second quarter; $28.3 million generated in first half
Announces realignment plans for year end: Establishes customer-centric, solution-based platforms and creates c...
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Global Power Equipment Group Declares Quarterly Cash Dividend
Aug 7, 2013
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IRVING, Texas, Aug. 7, 2013 (GLOBE NEWSWIRE) -- Global Power Equipment Group Inc. (Nasdaq:GLPW) ("Global Power") announced today that its Board of Directors has declared a quarterly cash dividend of $0.09 per common share.
The dividend will be payable on or about September 27, 2013 to stockholders of record at the close of business on Septe...
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Global Power to Present at Jefferies 2013 Global Industrials Conference
Aug 1, 2013
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IRVING, Texas, Aug. 1, 2013 (GLOBE NEWSWIRE) -- Global Power Equipment Group Inc. (Nasdaq:GLPW) ("Global Power") announced today that David Willis, Senior Vice President and CFO, will present at the Jefferies 2013 Global Industrials Conference in New York City on Thursday, August 15, 2013, beginning at 10:00 a.m. ET. A link to the live webcast of t...
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Global Power Equipment Group Announces Second Quarter 2013 Conference Call and Webcast
Jul 25, 2013
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IRVING, Texas, July 25, 2013 (GLOBE NEWSWIRE) -- Global Power Equipment Group Inc. (Nasdaq:GLPW) ("Global Power" or "Company") will host a conference call and webcast at 10:00 a.m. ET on Friday, August 9, 2013, to review the Company's 2013 second quarter financial results, key market initiatives and business strategy. Global Power will release thes...
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Global Power Equipment Group Awarded $4 million Order for Intake Systems in China
Jul 18, 2013
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IRVING, Texas, July 18, 2013 (GLOBE NEWSWIRE) -- Global Power Equipment Group Inc. (Nasdaq:GLPW) ("Global Power") announced today that it was awarded an order for intake systems for the two unit Gaoantun Powerplant located near Beijing, China. The approximately $4 million order (25 million renminbi) was awarded by Dongfang Electric Corporation, hea...
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Global Power Equipment Group Announces Acquisition of IBI Power
Jul 9, 2013
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IRVING, Texas, July 9, 2013 (GLOBE NEWSWIRE) -- Global Power Equipment Group Inc. (Nasdaq:GLPW) ("Global Power" and "Company") reported today that it has acquired privately-owned IBI, LLC ("IBI Power"). IBI Power is a provider of custom power packaging and integration solutions, including packaged control house systems, generator enclosures and ind...
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Global Power Equipment Group Announces Senior Leadership Change
Jun 28, 2013
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IRVING, Texas, June 28, 2013 (GLOBE NEWSWIRE) -- Global Power Equipment Group Inc. (Nasdaq:GLPW) ("Global Power" and "Company") announced today that Kenneth W. Robuck, Senior Vice President and President of the Services Division, has elected to leave the Company effective July 1, 2013 to pursue alternative career opportunities after more than 30 ye...
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Global Power Equipment Group Reports 12% Increase in Revenue for First Quarter 2013
May 9, 2013
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First quarter 2013 revenue was $116.7 million, up from $104.5 million in prior-year period
Products revenue up 21% to $38.9 million; Services revenue increased 8% to $77.8 million
Operating loss in quarter reflected timing of investments in the quarter for transformation initiatives including Hetsco acquisition and weak Product...
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Global Power Equipment Group Declares Quarterly Cash Dividend
May 8, 2013
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IRVING, Texas, May 8, 2013 (GLOBE NEWSWIRE) -- Global Power Equipment Group Inc. (Nasdaq:GLPW) ("Global Power") announced today that its Board of Directors has declared a quarterly cash dividend of $0.09 per common share.
The dividend will be payable on or about June 28, 2013 to stockholders of record at the close of business on June 14, 20...
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Global Power Equipment Group Acquires Hetsco, Inc.
May 1, 2013
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IRVING, Texas, May 1, 2013 (GLOBE NEWSWIRE) -- Global Power Equipment Group Inc. (Nasdaq:GLPW) ("Global Power" or "Company") today reported that it has acquired privately-owned Hetsco, Inc. ("Hetsco"). Hetsco is a leading global provider of mission critical brazed aluminum heat exchanger ("BAHX") repair, maintenance and safety services to the indus...
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Global Power Equipment Group Announces First Quarter 2013 Conference Call and Webcast
Apr 25, 2013
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IRVING, Texas, April 25, 2013 (GLOBE NEWSWIRE) -- Global Power Equipment Group Inc. (Nasdaq:GLPW) ("Global Power" or "Company") will host a conference call and webcast at 10:00 a.m. ET on Friday, May 10, 2013, to review the Company's 2013 first quarter financial results, key market initiatives and business strategy. Global Power will release these ...
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Global Power Equipment Group Reports 59% Increase in Operating Income on 32% Revenue Growth for Fourth Quarter 2012
Mar 7, 2013
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Fourth quarter 2012 revenue was $152.2 million, up 32%
Achieved record Products revenue of $80.0 million; Services revenue increased 5% to $72.2 million
Consolidated operating margin expanded to 8.7% of sales; Operating income was $13.2 million, up $4.9 million over prior-year period
Full year 2012 Products revenue i...
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Global Power Equipment Group Declares Quarterly Cash Dividend
Mar 5, 2013
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IRVING, Texas, March 5, 2013 (GLOBE NEWSWIRE) -- Global Power Equipment Group Inc. (Nasdaq:GLPW) ("Global Power") announced today that its Board of Directors has declared a quarterly cash dividend of $0.09 per common share.
The dividend will be payable on or about March 29, 2013 to stockholders of record at the close of business on March 18...
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Global Power to Present at the 25th Annual ROTH Conference
Mar 4, 2013
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IRVING, Texas, March 4, 2013 (GLOBE NEWSWIRE) -- Global Power Equipment Group Inc. (Nasdaq:GLPW) ("Global Power") announced today that Luis Manuel Ramírez, President and CEO, and David Willis, Senior Vice President and CFO, will present at the 25th Annual ROTH Conference at the Ritz-Carlton Laguna Niguel in Dana Point, CA, on Monday, March 18,...
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Global Power Equipment Group Announces Fourth Quarter 2012 Conference Call and Webcast
Feb 21, 2013
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IRVING, Texas, Feb. 21, 2013 (GLOBE NEWSWIRE) -- Global Power Equipment Group Inc. (Nasdaq:GLPW) ("Global Power" or "Company") will host a conference call and webcast at 10:00 a.m. ET on Friday, March 8, 2013, to review the Company's 2012 fourth quarter and year end financial results, key market initiatives and business strategy. Global Power will ...
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Global Power to Webcast Investor Presentation at POWER-GEN International
Dec 5, 2012
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IRVING, Texas, Dec. 5, 2012 (GLOBE NEWSWIRE) -- Global Power Equipment Group Inc. (Nasdaq:GLPW) ("Global Power") announced that Luis Manuel Ramírez, President and Chief Executive Officer, and David L. Willis, Senior Vice President and Chief Financial Officer, will present the Company's strategy and outlook at a luncheon it is hosting on Decemb...
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Global Power Equipment Group Declares Quarterly Cash Dividend
Nov 12, 2012
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IRVING, Texas, Nov. 12, 2012 (GLOBE NEWSWIRE) -- Global Power Equipment Group Inc. (Nasdaq:GLPW) ("Global Power") announced today that its Board of Directors has declared a quarterly cash dividend of $0.09 per common share.
The dividend will be payable on or about December 28, 2012, to stockholders of record at the close of business on Dece...
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Global Power Equipment Group Announces Changes - Creating Organization for the Future
Nov 9, 2012
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IRVING, Texas, Nov. 9, 2012 (GLOBE NEWSWIRE) -- Global Power Equipment Group Inc. (Nasdaq:GLPW) ("Global Power" or "Company") has announced changes to its executive leadership team.
"We are pleased to announce several additions to our executive team that we believe will enable us to achieve our strategic objective of transforming Global Pow...
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Global Power Equipment Group Reports 12% Increase in Revenue for Third Quarter 2012
Nov 8, 2012
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Revenue in the third quarter was $111.5 million, up from $99.2 million compared with the prior-year period
Products revenue up 30.8% in 2012 third quarter over prior-year period as prior-period customer-driven delivery delays were shipped
Margins impacted by discrete projects in the quarter; consolidated gross margin for the nin...
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Global Power Equipment Group Announces Third Quarter 2012 Conference Call and Webcast
Oct 25, 2012
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IRVING, Texas, Oct. 25, 2012 (GLOBE NEWSWIRE) -- Global Power Equipment Group Inc. (Nasdaq:GLPW) ("Global Power" or "Company") will host a conference call and webcast at 10:00 a.m. ET on Friday, November 9, 2012, to review the Company's 2012 third quarter financial results, key market initiatives and business strategy. Global Power will release the...
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