DENVER (AP) — DENVER (AP) — Gates Industrial Corp. (GTES) on Friday reported earnings of $170.9 million in its second quarter.
The Denver-based company said it had profit of 67 cents per share. Earnings, adjusted for one-time gains and costs, were 44 cents per share.
The manufacturer of power transmission and fluid power systems posted revenue of $941.6 million in the period.
Gates Industrial expects full-year earnings in the range of $1.62 to $1.70 per share.
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