DENVER (AP) — DENVER (AP) — Gates Industrial Corp. (GTES) on Wednesday reported net income of $47.6 million in its third quarter.
On a per-share basis, the Denver-based company said it had net income of 18 cents. Earnings, adjusted for one-time gains and costs, were 33 cents per share.
The manufacturer of power transmission and fluid power systems posted revenue of $830.7 million in the period.
Gates Industrial expects full-year earnings in the range of $1.33 to $1.37 per share.
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