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Article: Goodrich Announces 17 Percent Increase in Sales and 49 Percent Increase in Net Income per Diluted Share for Second Quarter 2008, Increases Outlook for 2008 Net Income per Diluted Share.
- Article from:
- PR Newswire
- Article date:
- July 24, 2008
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-- Second quarter 2008 sales of $1,849 million increased 17 percent over second quarter 2007 sales of $1,576 million.
-- Second quarter 2008 income per diluted share of $1.46 increased 49 percent over second quarter 2007 income per diluted share of $0.98.
-- Total segment operating income margin increased to 17.1 percent, from 16.3 percent in the second quarter 2007.
-- Full year 2008 net income per diluted share expectations increased to $4.80 - $4.95 and sales outlook for 2008 adjusted to approximately $7.3 billion. Continue to expect net cash provided by operating activities, minus capital expenditures, to exceed 75 percent of net income in ...