Miller Industries, Inc. (NYSE: MLR) (the “Company”) today announced financial results for the fourth quarter and full year ended Dec. 31, 2019.
“Despite the strong performance, the Company suffered in the quarter and its operating profit declined a record level of 5.38 percent,” said Bill DeHare. “The performance of our parent company, Meris Corporation, has been well documented and is further consistent in both performance and revenue. The company expects to execute consistent operations and profitability in the fourth quarter of 2019. In order to complete its growth, the Company is consolidating its financial products in the Enterprise and new products will soon be manufactured for Meris in Europe and North America. Although the Company will use existing equipmentsylvanially, its core product development is focused on its acquisition and expansion.”