Chart Industries, Inc. has reported results for the third quarter (Q3) ended 30th September (2019).
Net income for the quarter totalled $18.7m, an increase over the second quarter (Q2) 2019 income of $14.4m.
Q3 orders of $286.2m included record order levels for LNG fuelling stations, lasers and hydrogen, contributing to a record backlog of $755.6m. Chart received 33 orders greater than $1m in the quarter.
Reported earnings per share (EPS) of $0.51 increased from $0.41 in Q2 2019. Adjusted EPS of $0.77, a 13.2% increase from Q2 2019 reflected Chart’s broad-based execution of order pipeline and margin expansion activities.
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