Short answer
Flowserve Corp (FLS) filed its Q3 2018 10-Q quarterly report on Nov 7, 2018 for the quarter ended Sep 30, 2018.
Flowserve Corp Q3 2018 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Q3 revenue $952.7M, up 7.8% YoY from $883.4M
- Gross margin 32.4% vs 30.3%; operating margin 6.5% vs 8.5%
- Best segment FCD: sales $306.2M, gross margin 35.7%; weakest IPD: operating loss $2.5M
- Cash $529.9M vs $703.4M at December 31, 2017; nine-month operating cash flow $26.3M vs $72.4M
- Outlook: oil-price stability supporting recovery; 2018 capital expenditures expected at $70M-$80M, with currency and market risks remaining
Risk Factors
- No material changes identified in the provided Risk Factors section, which contains headings only
- Regulatory compliance: DOJ and SEC cooperation continues over potential Foreign Corrupt Practices Act violations
- Legal exposure: substantial asbestos-related claims remain subject to uncertain claim frequency and settlement costs
- Operational risk: Flowserve 2.0 Transformation incurred $27.4 million through September 30, 2018
- Financial risk: $67.3 million debt due within one year and $1,436.7 million due thereafter
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
- Q2 2018 10-QFiled Aug 8, 2018
- Q1 2018 10-QFiled May 10, 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
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