Pentair plc (NYSE:PNR) Files An 8-K Results of Operations and Financial Condition

Pentair plc (“Pentair”) is providing the following supplemental information with respect to its results of operations for the first quarter of 2017:

In the first quarter of 2017, sales, gross profit and segment income were negatively impacted by large job adjustments of $9.7 million, $14.7 million and $14.7 million, respectively. Also in the first quarter of 2017, selling, general & administrative expense and segment income were positively impacted by $13.3 million due to the reversal of an indemnification liability.

ITEM 8.01 Other Events

The information set forth in Item 2.02 is hereby incorporated by reference.

Pentair plc (NYSE:PNR) Recent Trading Information
Pentair plc (NYSE:PNR) closed its last trading session up +1.39 at 64.66 with 2,585,295 shares trading hands.