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Article: Lincoln Electric Reports 3Q'09 EPS of $0.63, excluding special items;.
- Article from:
- PR Newswire
- Article date:
- October 30, 2009
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Improved Operating Leverage as a Result of Cost Savings Initiatives; Operating Cash Flow of $97M in 3Q and $231M YTD
CLEVELAND, Oct. 30 /PRNewswire-FirstCall/ --
Third Quarter 2009 Highlights
-- Sales were $441.8 million, an increase of 6.9% from the Second Quarter
2009
-- Operating income was $33.2 million, an improvement from $19.4 million
in the Second Quarter 2009
-- Operating income was $40.4 million, excluding special items, an
improvement from $24.7 million in the Second Quarter 2009
-- Net income was $12.8 million, or $0.30 per diluted share; excluding
special items, net income was $27.0 million, or $0.63 ...