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Article: Brush Engineered Materials Inc. Reports Third Quarter 2009 Results.(Financial report)
- Article from:
- Business Wire
- Article date:
- October 29, 2009
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MAYFIELD HTS., Ohio -- Brush Engineered Materials Inc. (NYSE: BW) today reported net income for the third quarter of 2009 of $0.1 million or $0.01 per share, diluted, on sales of $190.5 million.
THIRD QUARTER RESULTS
Third quarter sales of $190.5 million were up 9%, or $16.4 million compared to the second quarter 2009 sales of $174.1 million. Sales have improved sequentially in the second and third quarters of 2009. The sales improvement is due primarily to an increase in demand for the Company's materials from the consumer electronics-oriented markets. Metal price inflation was also a factor in the sales increase for the quarter.
The Company ...