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Flowserve Corporation - FLS STOCK NEWS

Welcome to our dedicated page for Flowserve Corporation news (Ticker: FLS), a resource for investors and traders seeking the latest updates and insights on Flowserve Corporation stock.

Flowserve Corporation (NYSE: FLS) is a global leader in the design, manufacturing, and aftermarket servicing of comprehensive flow control systems. With over 19,000 employees spread across more than 60 countries, Flowserve leverages a rich heritage of over 220 years, built upon 50 world-renowned brands. This firm commitment has earned Flowserve a solid foundation of customer loyalty and equity around the world.

Flowserve's innovative solutions serve a myriad of industries, including oil and gas, power generation, chemical processing, water management, pharmaceuticals, and food processing. The company's extensive product range includes pumps, valves, seals, and services aimed at addressing complex flow control challenges. This makes Flowserve a pioneer in the development and application of advanced solutions to meet its clients' evolving needs.

The corporation is dedicated to providing precision-engineered equipment that ensures the efficient movement and protection of customer materials and processes. Notably, Flowserve operates a network of Quick Response Centers designed to offer aftermarket services such as installation, diagnostics, repair, and retrofitting. These centers play a crucial role in maintaining the operational efficiency and longevity of the equipment used in various industries.

Flowserve's financial health is robust, with significant revenue contributions from North America and Europe. The company's strategic partnerships and strong focus on R&D have enabled it to stay at the forefront of industry innovations. Recent accomplishments include advancements in sustainable practices and new product launches tailored to meet the increasing demand for eco-friendly solutions.

In summary, Flowserve Corporation stands out as a key player in the global market for flow control systems. Its dedication to quality, innovation, and customer satisfaction continues to drive its success and industry leadership.

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Monro, Inc. appoints Thomas B. Okray to its Board of Directors, bringing extensive financial and operational expertise from notable companies like General Motors, Amazon.com, and Eaton Corporation. With a focus on enhancing shareholder value, the addition of Mr. Okray reflects Monro's commitment to strengthening its automotive industry knowledge and driving growth.
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Flowserve Corporation (FLS) CEO to participate in key industry events, including fireside chat and investor meetings, providing insights for shareholders and interested parties.
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Flowserve Corporation (NYSE:FLS) will release its Q4 and full year 2023 results on February 20, followed by a conference call on February 21. Scott Rowe, President and CEO, will present the earnings materials and webcast, accessible on Flowserve’s Investors page.
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Flowserve Corporation (FLS) has announced a quarterly cash dividend of $0.20 per share on its outstanding shares of common stock. The dividend is payable on January 12, 2024, to shareholders of record as of the close of business on December 29, 2023. Flowserve intends to pay regular quarterly cash dividends for the foreseeable future, subject to review and discretion by the Board.
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Flowserve Corporation (NYSE: FLS) announced that its president and CEO, Scott Rowe, will participate in a fireside chat at the Annual Baird Global Industrial Conference in Chicago, IL, on November 9, 2023, at 10:50 a.m. CST. A webcast of the discussion will be available for shareholders and other interested parties at Flowserve’s Investors page.
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Flowserve Corporation reported strong third-quarter results, with increased revenue and earnings growth. The company raised its full-year revenue and adjusted EPS guidance range for 2023. They also highlighted their positive market outlook and the potential for continued growth in aftermarket and MRO opportunities. Flowserve is confident in its ability to deliver solid revenue and earnings growth in the coming years.
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Flowserve Corporation to release Q3 2023 results
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Flowserve's acquisition of Velan Inc. has been rejected by the French Ministry of Economy.
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Flowserve Corporation reaffirms its 2023 full year guidance range and provides a preliminary 2024 financial outlook. The company also establishes 2027 financial targets, including a revenue target of $5.0 billion and adjusted operating margins of 14-16%. The outlook shows mid-single digit revenue growth for 2024, low double digit full-year adjusted operating margins, and expected year-over-year adjusted EPS growth of 20-25%.
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Flowserve Corporation announces appointment of Cheryl H. Johnson to its board of directors
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FAQ

What is the current stock price of Flowserve Corporation (FLS)?

The current stock price of Flowserve Corporation (FLS) is $61 as of November 22, 2024.

What is the market cap of Flowserve Corporation (FLS)?

The market cap of Flowserve Corporation (FLS) is approximately 8.1B.

What industries does Flowserve serve?

Flowserve serves various industries including oil and gas, power generation, chemical processing, water management, pharmaceuticals, and food processing.

What products does Flowserve offer?

Flowserve offers a wide range of products such as pumps, valves, seals, and provides services for flow control systems.

Where is Flowserve headquartered?

Flowserve's headquarters are located in Irving, Texas, USA.

How many employees does Flowserve have?

Flowserve employs over 19,000 people across more than 60 countries.

What are Flowserve’s key markets?

Flowserve’s key markets include North America and Europe, which contribute significantly to its total revenue.

Does Flowserve provide aftermarket services?

Yes, Flowserve provides aftermarket services such as installation, diagnostics, repair, and retrofitting through its network of Quick Response Centers.

How long has Flowserve been in business?

Flowserve has a rich heritage spanning over 220 years, built on more than 50 renowned brands.

What is Flowserve’s commitment to innovation?

Flowserve is committed to continuous innovation in flow control solutions, focusing on sustainable practices and advanced technologies.

What type of flow control systems does Flowserve manufacture?

Flowserve manufactures comprehensive flow control systems including precision-engineered equipment to monitor movement and protect customers' materials and processes.

How does Flowserve support its customers?

Flowserve supports its customers with a range of services from product installation to advanced diagnostics, repair, and retrofitting, ensuring operational efficiency and longevity.

Flowserve Corporation

Nasdaq:FLS

FLS Rankings

FLS Stock Data

8.12B
130.76M
0.46%
96.04%
1.13%
Specialty Industrial Machinery
Pumps & Pumping Equipment
Link
United States of America
IRVING