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Article: Griffon Corporation Announces Record Operating Results for the Third Quarter of Fiscal 2004.
- Article from:
- PR Newswire
- Article date:
- August 3, 2004
CopyrightCOPYRIGHT 2004 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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Griffon Corporation today reported record operating performance for the third quarter of fiscal 2004, ended June 30, 2004, with each of its business units contributing to the improved operating results.
Net sales for the quarter were $367,948,000 compared to $312,547,000 for the third quarter of fiscal 2003. Income before income taxes increased to $24,760,000 from $19,183,000. Net income was $13,157,000 in the current quarter, up from $11,322,000 in the third quarter of 2003. Basic earnings per share for the quarter was $.44 compared to $.34 last year and diluted earnings per share was $.42 compared to $.33 in 2003.
Telephonics, the company's ...