Flowserve Corp. (NYSE: FLS), Dallas, TX, reported sales for 2017 of $3.7 billion, a decrease of 8.3 percent from the previous year. Profit was $4.3 million, compared to $132.5 million in 2016.
Fourth-quarter sales were $1 billion, a decrease of 3.4 percent from the same period the previous year. The company reported a loss of $105.9 million, compared to a profit of $65.1 million the previous year's quarter.