Sun Hydraulics Corp. (NASDAQ:SNHY) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased 8.33% to $0.26 in the quarter versus EPS of $0.24 in the year-earlier quarter. Revenue Decreased 5.39% to $43.2 million from the year-earlier quarter.
Sun Hydraulics Corp. reported adjusted EPS income of $0.26 per share. By that measure, the company beat the mean analyst estimate of $0.23. It beat the average revenue estimate of $41.4 million.