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Article: FinishMaster Announces Year-End Financial Results.
- Article from:
- Investment Weekly News
- Article date:
- April 4, 2009
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FinishMaster, Inc. (Pink Sheets: FMST) reported net income for the quarter ended December 31, 2008 of $1,672,000, or $0.21 per diluted share, compared with net income of $2,353,000, or $0.30 per diluted share, in the prior year period. For the twelve months ended December 31, 2008, net income was $18,060,000, or $2.29 per diluted share, compared to net income of 14,934,000, or $1.91 per diluted share, in the prior year period. Affecting the comparability between years of the CompanyEs annual financial performance was the receipt of $5,224,000 proceeds from settlement of a lawsuit favorably impacting 2008 results by $0.40 per diluted share. After considering the impact of ...
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