PKOH - Mergers and acquisitions

Revenue of $360 million GAAP EPS of $0.45; Adjusted EPS of $0.53 Operating Cash Flows of $10 million Increased Liquidity to $264 million at March 31, 2021 Completed the Acquisition of NYK Component Solutions Park-Ohio Holdings Corp. (NASDAQ:PKOH) today announced its results for the first quarter of 2021. FIRST QUARTER CONSOLIDATED RESULTS Net sales were $359.6 million in the first quarter of 2021 compared to net sales of $366.3 million in the first quarter of 2020. Net income attributable to ParkOhio common shareholders was $5.5 million, or $0.45 per diluted share, in the first quarter of 2021, compared to $1.2 million, or $0.10 per diluted share, in the first quarter of 2020.

Strategic acquisition expands Supply Technologies' aerospace and defense business and other industrial end markets ParkOhio (NASDAQ:PKOH), through its subsidiary, Supply Technologies, a leading provider of supply chain management services announced today that it has completed the acquisition of NYK Component Solutions (NYK) headquartered in SouthHampton, United Kingdom. NYK is a leading distributor of circular connectors and accessories for use in aerospace, defense, and other industrial applications. NYK will provide complementary product lines and new customer opportunities throughout Europe and North America. We expect annual sales from NYK to exceed $10 million and the acquisition to