Miller Industries: 1Q Earnings Snapshot

OOLTEWAH, Tenn. (AP) _ Miller Industries Inc. (MLR) on Wednesday reported first-quarter earnings of $5.4 million.

The Ooltewah, Tennessee-based company said it had net income of 48 cents per share.

The vehicle towing and recovery equipment maker posted revenue of $176.1 million in the period.

Miller Industries shares have decreased 23% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $28.41, a fall of 15% in the last 12 months.


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