DENVER (AP) 鈥� DENVER (AP) 鈥� Gates Industrial Corp. (GTES) on Friday reported earnings of $59.7 million in its first quarter.
The Denver-based company said it had profit of 23 cents per share. Earnings, adjusted for one-time gains and costs, came to 35 cents per share.
The manufacturer of power transmission and fluid power systems posted revenue of $851.1 million in the period.
Gates Industrial expects full-year earnings in the range of $1.52 to $1.68 per share.
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