💨 Abstract

Flowserve Corp. reported first-quarter net income of $73.9 million, surpassing Wall Street expectations. The Irving, Texas-based company that makes pumps, valves, and parts for the oil and gas industries had earnings of 72 cents per share and revenue of $1.14 billion. Flowserve expects full-year earnings in the range of $3.10 to $3.30 per share.

Courtesy: wtop.com

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