CORRECTION: Paul Mueller Company Announces Its Second Quarter Earnings of 2025

SPRINGFIELD, Mo., July 25, 2025 (GLOBE NEWSWIRE) -- Paul Mueller Company (OTC: MUEL) corrects an earlier release which contained an error in the earnings per share for the three and six months ended June 30, 2025.

PAUL MUELLER COMPANY             SIX-MONTH REPORTUnaudited(In thousands)CONSOLIDATED STATEMENTS OF INCOME               Three Months Ended Six Months Ended Twelve Months Ended  June 30 June 30 June 30  2025 2024  2025   2024   2025   2024              Net Sales $72,624 $65,670 $131,484  $116,026  $264,043  $228,900 Cost of Sales  44,760  45,871  85,798   80,431   171,491   158,123 Gross Profit $27,864 $19,799 $45,686  $35,595  $92,552  $70,777 Selling, General and Administrative Expense  13,332  11,417  24,865   21,775   49,338   84,743 Operating Income (Loss) $14,532 $8,382 $20,821  $13,820  $43,214  $(13,966)Interest Income (Expense)  578  70  607   (1,178)  1,484   (1,351)Other Income  50  506  114   2,050   441   3,383 Income (Loss) before Provision (Benefit) for Income Taxes $15,160 $8,958 $21,542  $14,692  $45,139  $(11,934)Provision (Benefit) for Income Taxes  3,531  2,154  4,985   3,439   10,163   (4,817)Net Income (Loss) $11,629 $6,804 $16,557  $11,253  $34,976  $(7,117)             Earnings (Loss) per Common Share -- Basic and Diluted $12.50 $7.26 $17.74  $11.13  $37.40  ($6.79)             

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME         Six Months Ended   June 30    2025   2024        Net Income $16,557  $11,253  Other Comprehensive Income (Loss), Net of Tax:     Foreign Currency Translation Adjustment  2,015   (780) Comprehensive Income $18,572  $10,473 

CONSOLIDATED BALANCE SHEETS         June 30 December 31    20