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Article: WYMAN-GORDON COMPANY REPORTS THIRD QUARTER PROFIT.
- Article from:
- Business Wire
- Article date:
- March 22, 1995
CopyrightCOPYRIGHT 1995 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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NORTH GRAFTON, Mass.--(BUSINESS WIRE)--March 22, 1995-- Wyman-Gordon Company announced a net profit of $556,000 or $0.02 per share on revenues of $96.2 million for its third quarter ended March 4, 1995.
The company also reported a net loss of $4.8 million or $0.14 per share for the first nine months of its current fiscal year, on revenues of $286.9 million.
In announcing the company's first quarterly profit since 1992, David P. Gruber, Chief Executive Officer, commented: "I am pleased with the progress toward our goal of sustained profitability. We have increased our operating profits in each of the first three quarters on consistent levels of revenues. ...