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Article: Equipment Company of America (ECOA) reports 1989 first-quarter results.

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PR Newswire
Article date:
April 24, 1989
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EQUIPMENT COMPANY OF AMERICA (Tradename: ECOA (R))

REPORTS 1989 FIRST QUARTER RESULTS

HIALEAH, Fla., April 24 /PRNewswire/ -- Equipment Company of America (NASDAQ: ECOA), manufacturer of materials handling equipment for the domestic and international markets, and AllTape (TM) pressure-sensitive tapes, today reported results of operations for the Company's first quarter ended March 31, 1989.

The Company reported a sales increase of 9.3% in the first quarter to $5,610,000, up from $5,134,00 reported in the first quarter of 1988. Due mainly to higher interest expenses, net income rose slightly to $76,000, or $.03 per share in ... 







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