Dresser-Rand Reports First Quarter Net Income of $27.2 Million or $0.32 per Share
— Net sales were $363.8 million, up 16% from first quarter 2007 — Operating income was $46.9 million — Cash flow from operating activities totaled $54.7 million — Bookings were $575.7 million, up 35% from first quarter 2007 — Backlog increased 54% from 3/31/07 to a record $2,122.3 million