|
|
Article: Cavco Industries Reports Third Quarter Results.
- Article from:
- PR Newswire
- Article date:
- January 19, 2006
CopyrightCOPYRIGHT 2006 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)
|
Sales increase 17% to $45.3 million
Net income up 67% to $3.8 million
PHOENIX, Jan. 19 /PRNewswire-FirstCall/ -- Cavco Industries, Inc. today announced financial results for the third quarter and nine months ended December 31, 2005.
Net sales for the third quarter of fiscal 2006 rose 17% to $45,320,000 from $38,820,000 for the third quarter last year.
Net income for the third quarter increased 67% to $3,774,000 compared with $2,259,000 in the same period one year ago. Net income per share for the third quarter this year was $0.60 versus $0.36 last year based on basic weighted average shares outstanding and $0.56 versus $0.34 per ...