Reporting SegmentsProcess Products segment revenue decreased $4.2 million or 12.8 percent to $28.5 million. Customer-driven delays in the required completion dates on certain orders in our backlog have resulted in lower revenue this quarter than in the comparable period in the prior year. Segment operating income decreased $0.8 million or 14.8 percent to $4.7 million on lower revenue, partially offset by an improvement in relative gross margin. The segment gross margin was positively impacted by product and geographical mix in the quarter.
PMFG, Inc. (Parent Of Peerless Mfg. Co.) Reports Second Quarter Fiscal Year 2013 Financial Results
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