|
|
Article: Portec Rail Products, Inc. Reports 2009 Third Quarter and Nine Month Operating Results unaudited.(Financial report)
- Article from:
- Information Technology Newsweekly
- Article date:
- November 10, 2009
CopyrightCOPYRIGHT 2009 NewsRX. 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)
|
Portec Rail Products, Inc. (NASDAQ:PRPX) announced unaudited net income of $2,023,000 or $0.21 per share for the three months ended September 30, 2009, and $5,362,000 or $0.56 per share for the nine months ended September 30, 2009. These amounts compare to unaudited net income of $2,516,000 or $0.26 per share, and $6,264,000 or $0.65 per share, for the three and nine months ended September 30, 2008, respectively. Average basic and diluted shares outstanding were 9.6 million for all periods presented. Net sales for the three and nine months ended September 30, 2009 were $24.3 million and $73.0 million, respectively, while net sales for the three and nine months ended ...