Short answer
Flowserve Corp (FLS) filed its Q1 2018 10-Q quarterly report on May 10, 2018 for the quarter ended Mar 31, 2018.
Flowserve Corp Q1 2018 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $920.0M, up $53.7M or 6.2% YoY, including $71M from new revenue standard adoption
- Operating margin 4.9% vs 5.9% YoY, gross margin 29.5% vs 31.1%
- Best segment IPD: sales $198.1M, gross margin 23.2% vs 19.5%; worst FCD: sales $277.2M, gross margin 31.8% vs 35.0%
- Cash $535.7M vs $703.4M at December 31, 2017; operating cash flow $(120.7)M vs $3.9M YoY
- Outlook: expected increased maintenance and short-cycle investment in 2018; headwinds from cautious oil and gas capital spending and pricing pressures
Risk Factors
- No material changes in risk factors from the 2017 Annual Report and subsequent SEC filings
- Carried-forward business risk: numerous factors affecting operations remain beyond management’s control
- Emerging-risk exposure: currently unknown risks could materially adversely affect business, financial condition, results, or cash flows
- Assessment risk: risks deemed immaterial may change as new information becomes available
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other Flowserve Corp quarterly reports
- Q3 2019 10-QFiled Oct 30, 2019
- Q2 2019 10-QFiled Jul 31, 2019
- Q1 2019 10-QFiled May 2, 2019
- Q3 2018 10-QFiled Nov 7, 2018
- Q2 2018 10-QFiled Aug 8, 2018
- Q3 2017 10-QFiled Nov 1, 2017
- Q2 2017 10-QFiled Aug 14, 2017
- Q1 2017 10-QFiled May 1, 2017
- Q3 2016 10-QFiled Oct 27, 2016
- Q2 2016 10-QFiled Jul 28, 2016
- Q1 2016 10-QFiled Apr 28, 2016
- Q3 2015 10-QFiled Oct 29, 2015
Ask about this quarter
Compare quarters, check guidance or see what insiders and funds did around the report.