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Article: Lamson & Sessions Reports Record Net Sales for Fourth Quarter and Full Year 2005.
- Article from:
- PR Newswire
- Article date:
- February 16, 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)
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- Net Sales Increased 48 Percent in the Fourth Quarter and 28 Percent for the Full Year
- Diluted Earnings Per Share Rose to 93 Cents in the Fourth Quarter and $1.82 for the Full Year
- Debt Reduced to a Five Year Low of $60.8 Million
- First Quarter 2006 Outlook: Net Sales Up 24 to 28 Percent Versus First Quarter 2005 and Diluted Earnings Per Share Estimated at 41 to 44 Cents Versus 15 Cents in 2005
CLEVELAND, Feb. 16 /PRNewswire-FirstCall/ -- Lamson & Sessions today announced record net sales and net income for the fourth quarter and full year 2005. Net sales reached $143.3 million in the fourth quarter of 2005, an increase of 48 ...