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Article: Aftermarket Technology Corp. Reports Second Quarter 2003 Adjusted Results of $0.29 Per Diluted Share, $0.27 Per Diluted Share on GAAP Basis.
- Article from:
- PR Newswire
- Article date:
- July 29, 2003
CopyrightCOPYRIGHT 2003 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Aftermarket Technology Corp. , today reported financial results for the quarter ended June 30, 2003.
Second Quarter
Second quarter net sales decreased slightly to $100.1 million from $100.7 million for the three months ended June 30, 2002. Consistent with recent Company guidance, adjusted net income decreased to $7.1 million from $11.3 million in the same period in 2002. Adjusted net income per diluted share was $0.29 for the second quarter compared to $0.46 for the three months ended June 30, 2002.
On a Generally Accepted Accounting Principles (GAAP) basis, net income decreased $2.9 million to $6.5 million for the three months ended June 30, ...
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