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Article: Technitrol Reports First-Quarter 2003 Results.
- Article from:
- Business Wire
- Article date:
- April 21, 2003
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Business Editors
PHILADELPHIA--(BUSINESS WIRE)--April 21, 2003
Technitrol, Inc. (NYSE:TNL) reported net earnings of $2.6 million, or $.07 per diluted share, for its first fiscal quarter ended March 28, 2003, including restructuring charges totaling $3.0 million, or $.08 per share, for severance and plant shutdown expenses. (Note: Analysts' earnings per share estimates published on First Call do not include restructuring charges.)
In the previous quarter, by comparison, net earnings were $4.3 million, or $.11 per diluted share, including special items amounting to a net charge of $0.4 million, or $.01 per share. In the first quarter of 2002, the ...