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Barnes Group Inc.
123 Main Street
Bristol, CT 06010
Sales of $236 million, down 37% from last year; Organic Sales down 32%
Operating Income of $10.1 million; Adjusted Operating Income of $27.8 million, down 52%
Operating Margin of 4.3%; Adjusted Operating Margin of 11.8%, down 390 bps
GAAP EPS of $0.01; Adjusted EPS of $0.27, Down 64% from a Year Ago
Solid Balance Sheet Maintained, Leverage Sustained at 2.4x EBITDA
2020 Full Year Outlook Remains Suspended; Provides Third Quarter Expectation
The following information was filed by Barnes Group Inc (B) on Tuesday, July 28, 2020 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.
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