MILWAUKEE (AP) — MILWAUKEE (AP) — Regal Rexnord Corporation (RRX) on Monday reported net income of $19.8 million in its first quarter.
On a per-share basis, the Milwaukee-based company said it had profit of 30 cents. Earnings, adjusted for amortization costs and non-recurring costs, came to $2 per share.
The maker of controls for electric motors posted revenue of $1.55 billion in the period.
Regal Rexnord expects full-year earnings in the range of $9.60 to $10.40 per share.
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