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Sep 30, 2020
Park-Ohio Q3 2020 Earnings Report
Park-Ohio experienced sequential revenue growth and improved profitability, driven by strong customer demand and cost-reduction actions.
Key Takeaways
Park-Ohio Holdings Corp. announced third quarter 2020 results with sequential revenue growth of 49%. GAAP EPS was $0.44 and adjusted EPS was $0.52. The company generated $23 million in operating cash flow and $18 million in free cash flow, with liquidity increasing to $243 million. A quarterly cash dividend of $0.125 per share was declared.
Sequential Revenue Growth of 49%
GAAP EPS of $0.44; Adjusted EPS of $0.52
Operating Cash Flow of $23 million; Free Cash Flow of $18 million
Liquidity increased to $243 million
Park-Ohio
Park-Ohio
Park-Ohio Revenue by Segment
Revenue by Segment
Supply Technologies Revenue
CapyFin.comAssembly Components Revenue
CapyFin.comEngineered Products Revenue
CapyFin.com Forward Guidance
The Company expects continued economic recovery in most end markets in the fourth quarter of 2020 and into 2021.
Revenue & Expenses
Visualization of income flow from segment revenue to net income