Article: Ready Mix, Inc. Reports First Quarter Results.(Financial report)

LAS VEGAS -- READY MIX, INC. (RMI) (AMEX:RMX) today announced financial results for the first quarter of 2007.

For the three months ended March 31, 2007, revenue decreased 3.6 to $20.4 million compared to $21.1 million for the first quarter of 2006, reflecting a decrease in cubic yards of concrete sold of approximately 12.0, partially offset by an increase in average unit sales price of 9.5. The decline in unit volume and higher fixed costs associated with the Company's expansion initiatives contributed to a decrease in gross margin to 10.3 from 12.6 last year.

"We are pleased by the success of our efforts during the first quarter to minimize the impact ...

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