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Article: Ferro Reports 2009 Third-Quarter Results.(Financial report)
- Article from:
- Business Wire
- Article date:
- October 26, 2009
CopyrightCOPYRIGHT 2009 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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CLEVELAND -- Ferro Corporation (NYSE: FOE) announced today that net sales for the three months ended September 30, 2009 were $442 million, a decline of 25 percent from the third quarter of 2008. Net sales increased 11 percent, sequentially, from the second quarter of 2009.
For the third quarter, the Company recorded income from continuing operations of $2.8 million, or $0.04 per diluted share, compared with income from continuing operations of $3.9 million, or $0.07 per share, in the third quarter of 2008. The third-quarter income from continuing operations was a $13.9 million improvement from a loss from continuing operations of $11.1 million, or $0.27 per share, ...