Welcome to our dedicated page for Circor Intl news (Ticker: CIR), a resource for investors and traders seeking the latest updates and insights on Circor Intl stock.
CIRCOR International, Inc. (historically NYSE: CIR) features prominently in corporate and transaction news as a provider of mission critical flow control products and services for the Industrial and Aerospace & Defense markets. Its news flow has included earnings announcements, strategic reviews, and significant merger and acquisition developments.
Company press releases detail quarterly financial results, with separate reporting for the Industrial and Aerospace & Defense segments. These updates discuss revenue, segment operating income, segment operating margin, and orders, along with commentary on demand drivers such as commercial aerospace recovery, Naval Defense programs, and Industrial aftermarket activity. Management has also highlighted initiatives like value pricing, cost controls, and simplification actions in explaining changes in margins and operating performance.
A major theme in CIRCOR’s recent news has been its strategic review and subsequent acquisition process. The company announced that it had entered into a definitive agreement to be acquired by investment funds managed by KKR in an all‑cash transaction. Later releases describe amendments to that agreement, including higher per‑share consideration and provisions intended to increase deal certainty and clarify the regulatory approval path. Competing binding proposals from Arcline Investment Management LP are documented in separate news items, emphasizing the competitive dynamics around the acquisition of CIRCOR.
The completion of CIRCOR’s acquisition by investment affiliates of KKR, and the resulting delisting of its common stock from the New York Stock Exchange, is another key milestone covered in the news record. For readers tracking CIR‑related developments, this news page provides an organized view of historical announcements around financial performance, strategic alternatives, and the transition from a publicly traded company to a privately held business within KKR’s portfolio.
CIRCOR International (NYSE: CIR) announced that CEO Scott Buckhout will present at the Stifel 2021 Virtual Cross Sector Insight Conference on June 10, 2021, at 8:40 a.m. ET. A live webcast of the presentation will be accessible on the CIRCOR investor relations website, with a replay available for 90 days. CIRCOR is a leading provider of mission-critical flow control products for the Industrial and Aerospace & Defense markets, catering to over 14,000 customers in about 100 countries from its headquarters in Burlington, Massachusetts.
CIRCOR International, Inc. (NYSE: CIR) reported its Q1 2021 results, highlighting a strong sequential orders growth of 35% to $227 million. Despite this, revenue fell by 6% year-over-year to $181 million, with notable declines in both Industrial and Aerospace & Defense segments. GAAP loss per share was $(0.35), while adjusted EPS rose 20% to $0.24. The company maintains a $421 million backlog and provides an optimistic full-year outlook, expecting organic revenue growth of 2-4% and adjusted EPS of $2.10-$2.30.
CIRCOR International, Inc. (NYSE: CIR) is set to release its first-quarter 2021 financial results on May 12, 2021, prior to the NYSE opening. At 9:00 a.m. ET, a conference call will be conducted by President and CEO Scott Buckhout and Senior VP and CFO Abhi Khandelwal. Investors can access the call via the Company’s website or by dialing in. CIRCOR is a leading provider of mission-critical flow control products for Industrial and Aerospace & Defense markets, serving around 14,000 customers globally with a product portfolio of market-leading brands.
CIRCOR International reported its Q4 and full-year 2020 financial results, revealing a 14% decline in revenue for Q4 to $208 million and a 20% drop for the full year to $773 million. The company faced challenges due to the COVID-19 pandemic, reflecting in a GAAP loss per share of $(0.70) for Q4 and $(9.28) for the year. Operating cash flow was negative at $(23) million. Despite these declines, CIRCOR launched 49 new products in 2020 and reduced net debt by $126 million. For 2021, they anticipate organic revenue growth of 0-4%.
CIRCOR International, Inc. (NYSE: CIR) will release its fourth-quarter and full-year 2020 financial results on March 4, 2021, before the NYSE opens. A conference call will follow at 9:00 a.m. ET, led by CEO Scott Buckhout and CFO Abhi Khandelwal. Investors can access the call via CIRCOR's website or by dialing in. The company, headquartered in Burlington, Massachusetts, provides mission-critical flow control products and services across Industrial and Aerospace & Defense sectors, serving over 14,000 customers in approximately 100 countries.
CIRCOR International, Inc. (NYSE:CIR) announced that CEO Scott Buckhout will present at the Sidoti Winter 2021 Virtual Investor Conference on January 13, 2021, at 9:15 a.m. ET. The presentation will be available via a live webcast on CIRCOR's investor relations website, with a replay accessible for 90 days afterward. CIRCOR specializes in mission critical flow control products and services for Industrial and Aerospace & Defense markets, serving over 14,000 customers worldwide with a dedicated team of approximately 3,200 employees.
CIRCOR International (NYSE: CIR) reported its third quarter results for 2020, revealing a 21% decline in revenue to $187 million compared to the previous year. Aerospace & Defense revenues decreased 8% to $62 million, while Industrial revenues fell 27% to $124 million. The company faced a GAAP loss per share of $(2.93) but achieved an adjusted EPS of $0.36. CIRCOR managed to reduce gross debt by $119 million over the last year and remains on track to meet its $45 million cost reduction target.
CIRCOR International, Inc. (NYSE: CIR) will release its third-quarter 2020 financial results on November 5, 2020, before the NYSE opens. A conference call hosted by CEO Scott Buckhout and CFO Abhi Khandelwal will take place at 9:00 a.m. ET. Participants are encouraged to join at least 15 minutes early. The company provides mission-critical flow control products for industrial and aerospace markets, serving over 14,000 customers across approximately 100 countries.
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