Bookings -36% to $695.4M amid lower commodity prices and a rising dollar.
Sales of underground mining equipment -4.2% to $722.7M and of smaller surface mining gear -5.1% to $640.9M.
Operating margin narrows to 33.3% from 34.3%.
Approves three-year $1B stock buyback.
Says U.S. coal sector is starting to recover after correction, China is in the early stages and Australia is mid-way through.
Maintains FY revenue guidance of $4.9-5B but also says that the market is "unlikely to support annual revenue above $4B" even with higher sequential order run rates.
Keeps adjusted EPS guidance of $5.75-5.95 vs consensus of $5.84. (PR) (previous)