Circor International Inc

NYSE:CIR   10:26:22 AM EDT
15.32
-0.23 (-1.48%)
Regulatory, Other Pre-Announcement

CIRCOR Announces Preliminary Financial Expectations For Q1 2022

Published: 05/23/2022 13:23 GMT
Circor International Inc (CIR) - Circor Announces Selected Preliminary Financial Expectations for First-quarter 2022, Provides Update on Accounting Review, and Files Form 12b-25 for 10-q.
Circor International -reported Q1 Orders Expected to Be Down Low-single Digits and Organic Orders Are Expected to Be Roughly Flat Year-over-year.
Circor International-q1 Adjusted Operating Income and Adjusted Operating Income As Percentage of Sales Expected to Improve Compared With Prior Year Period.
Circor International-q1 Revenue is Expected to Be Up Mid-single Digits With Organic Revenue Up High-single Digits in Aerospace,defense, Industrial.
Circor International Inc Says to Date, Review Has Not Identified Evidence of Accounting Irregularities Outside of Pipeline Engineering Business Unit.
Circor International- Expects to Book Non-cash Impairment Charges in Amount of $20 Million in Q1 2020 and $10 Million in Q4 2021.