Short answer
Flowserve Corp (FLS) filed its Q2 2019 10-Q quarterly report on Jul 31, 2019 for the quarter ended Jun 30, 2019.
Flowserve Corp Q2 2019 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $990.1M, up $17.0M or 1.7% YoY, with original equipment and aftermarket sales increasing equally
- Operating income $98.0M, operating margin 9.9% vs 4.8% YoY
- Best segment FPD: sales $674.6M, segment margin 11.3% vs 4.7%; worst FCD margin 14.6% vs 15.1%
- Cash $596.5M vs $619.7M at December 31, 2018; operating cash flow $49.4M vs $(56.7)M YoY
- Outlook: customers expected to increase maintenance and short-cycle investment in second half of 2019, with risks from currency, tariffs, raw materials and order delays
Risk Factors
- No material risk-factor changes identified, as provided section contains no standalone “Risk Factors” disclosure
- FCPA compliance: ongoing DOJ and SEC cooperation following overseas subsidiary misconduct and subpoena response
- Asbestos litigation: unfavorable rulings or settlements could materially affect financial condition and cash flows
- Credit risk: $1.46B debt and $71.5M due within one year
- Currency risk: foreign-exchange contracts notional value $332.8M at June 30, 2019
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
- Q1 2019 10-QFiled May 2, 2019
- Q3 2018 10-QFiled Nov 7, 2018
- 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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