Gorman-Rupp Reports Second Quarter 2023 Financial Results

MANSFIELD, Ohio--(BUSINESS WIRE)-- #EARNINGS--The Gorman-Rupp Company (NYSE: GRC) reports financial results for the second quarter ended June 30, 2023. Second Quarter 2023 Highlights Net sales of $171.0 million increased 43.6%, or $52.0 million, compared to the second quarter of 2022, a 21.4% increase excluding sales from Fill-Rite which was acquired in May 2022 Second quarter net income was $10.5 million, or $0.40 per share, compared to a net loss of ($1.0) million, or ($0.04) per share, for the second qu