Revenues in the second quarter with $613 million were essentially flat versus the same period last year as the Robuschi acquisition added 4% and currency was a 4% headwind. Operating income for the second quarter was $108 million compared to $99.2 million, an increase of 9% versus the prior-year, reflecting the positive impact of the recent Robuschi acquisition and the impact of operational excellence initiatives.Operating margin in the quarter was 17.6%, a 140 basis points improvement over the second quarter of 2011. Net income was up 12% to $75.3 million and diluted earnings per share of $1.51 were up 19% of the last year’s second quarter and included unfavorable charges of $0.02 resulting in adjusted EPS of $1.53.
Gardner Denver's CEO Discusses Q2 2012 Results - Earnings Call Transcript
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