Shengkai Innovations Reports Upbeat Q2 Earnings

Shengkai Innovations Inc VALV reports its Q2 adjusted EPS at $0.24, beating the consensus of $0.21. VALV reports its Q2 revenue at $22.4 million, versus the consensus of $22.32 million. VALV shares gained 3.48% to close at $5.35 yesterday. Read more from Benzinga's Company news.