SARASOTA, FL — (Marketwired) — 08/05/13 — Sun Hydraulics Corporation (NASDAQ: SNHY) today reported financial results for the second quarter of 2013 as follows:"The second quarter was strong with better than expected earnings due to higher revenues and a $0.01 per share gain resulting from the acquisition of WhiteOak Controls," said Allen Carlson, Sun-s President and CEO. "On a year-over-year basis, second quarter sales were off a bit in the Americas, flat in Europe and up slig
SARASOTA, FL — (Marketwired) — 07/31/13 — Sun Hydraulics Corporation (NASDAQ: SNHY) is pleased to announce the opening of a new facility in Sarasota, Florida which will provide capacity for Sun to grow both its cartridge and integrated package solutions business. Over the next several weeks, Sun will move operations currently located in a Lenexa, Kansas facility to the new factory in Sarasota. Sun-s current manifold production in Sarasota will also be relocated to the new factory over the sa
SARASOTA, FL — (Marketwired) — 05/30/13 — The Sun Hydraulics Corporation (NASDAQ: SNHY) Board of Directors, at its meeting on May 29, 2013, appointed a new Chairman and announced a $0.09 per share cash dividend.Philippe Lemaitre, a director for the past 6 years, was appointed Chairman of the Board. Mr. Lemaitre succeeds Dr. Ferdinand G. Megerlin, who had served as Chairman from 2007 until his retirement at the conclusion of his term on Tuesday. Mr. Lemaitre serves as a director and Chairman
SARASOTA, FL — (Marketwire) — 03/04/13 — Sun Hydraulics Corporation (NASDAQ: SNHY) today reported financial results for the fourth quarter and year-end 2012 and the Board of Directors announced a $6.0 million shared distribution and $0.09 per share quarterly dividend."A stronger than expected fourth quarter allowed us to achieve our highest top line year ever," said Allen Carlson, Sun Hydraulics- president and CEO. "Despite deteriorating business conditions in all markets in t
Company Announces Change to Segment Reporting
SARASOTA, FL — (Marketwire) — 12/03/12 — Sun Hydraulics Corporation (NASDAQ: SNHY) announces that its Board of Directors has elected to authorize a special cash dividend in the amount of $1.00 per share, payable on December 28, 2012, to shareholders of record as of December 14, 2012. In declaring the special dividend, the Board cited the Company-s strong cash position and market expectations as reasons for its decision. The Board also declared its normal quarterly dividend of $0.09 per share
SARASOTA, FL — (Marketwire) — 09/10/12 — Sun Hydraulics Corporation (NASDAQ: SNHY) has announced a $0.09 per share cash dividend on its common stock. The dividend is payable on October 15, 2012, to shareholders of record as of September 30, 2012.Sun Hydraulics advises all shareholders to familiarize themselves with rules regarding dividends, payment dates and ex-dividend dates. See the following website for more information .Sun Hydraulics Corporation is a leading designer and manufacturer o
SARASOTA, FL — (Marketwire) — 08/08/11 — Sun Hydraulics Corporation (NASDAQ: SNHY) today reported financial results for the second quarter of 2011 as follows:"The global capital goods expansion is strong and Sun-s second quarter activity reflects that," commented Allen Carlson, Sun-s CEO and president. "Sales were a bit higher than our Q2 estimates and all regions contributed to the top line growth. Earnings were consistent with our strong first quarter results. Gross margin
