Gorman-Rupp Reports First Quarter 2024 Financial Results

MANSFIELD, Ohio--(BUSINESS WIRE)-- #EARNINGS--The Gorman-Rupp Company (NYSE: GRC) reports financial results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights Net sales of $159.3 million decreased 0.7%, or $1.2 million, compared to the first quarter of 2023 Record incoming orders of $178.9 million increased 7.1%, or $11.9 million, compared to the first quarter of 2023 and increased 27.0%, or $38.1 million, compared to the fourth quarter of 2023 First quarter net income was $7.9 milli