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Article: Baldwin Reports Increased FY Q3 Sales and Net Income.
- Article from:
- Business Wire
- Article date:
- April 27, 2006
CopyrightCOPYRIGHT 2006 Business Wire. 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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SHELTON, Conn. -- Baldwin Technology Company, Inc. (AMEX: BLD), a leading global manufacturer of printing press accessories and control equipment reported today net sales of $45,447,000 for the third fiscal quarter ended March 31, 2006, compared with net sales of $43,673,000 for the third quarter last year, an increase of 4.1%. Excluding significant unfavorable effects of currency translation of $3,717,000 in the quarter, sales would have been $49,164,000, an increase of approximately 13%.
Net income for the third quarter was $1,745,000 or $0.12 per basic share and $0.11 per diluted share, a gain of approximately 16% over net income of $1,509,000, or $0.10 per ...
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