ATLANTA, April 29, 2014 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE:MWA) today reported net sales of $288.1 million and net income of $9.7 million for the fiscal 2014 second quarter ended March 31, 2014. The following compares fiscal 2014 second quarter results from continuing operations with those of the prior year period. In the 2014 second quarter, the Company:
- Increased net sales 1.8 percent to $288.1 million from $283.1 million;
- Increased operating income 4.1 percent to $25.3 million from $24.3 million, and increased adjusted operating income 13.4 percent to $28.0 million from $24.7 million;
- Increased net income per diluted share to $0.06 from $0.04, and increased adjusted net income per diluted share to $0.07 from $0.05; and
- Increased adjusted EBITDA 5.3 percent to $41.8 million from $39.7 million.