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Article: Falcon Products Reports Fiscal 2001 Second Quarter Results.
- Article from:
- PR Newswire
- Article date:
- May 30, 2001
CopyrightCOPYRIGHT 2001 PR Newswire Association LLC. 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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ST. LOUIS, May 30 /PRNewswire/ --
Falcon Products, Inc. (NYSE: FCP), a leading manufacturer of commercial furniture, today announced sales and operating results for its second quarter ended April 28, 2001.
In line with its previously announced expectations, net sales for the second quarter of fiscal 2001 were $73.2 million, compared with $79.5 million in the prior year, and the Company reported a net loss of $0.4 million, or $0.04 per diluted share, compared with net earnings of $2.3 million, or $0.27 per diluted share, in the second quarter of 2000.
Earnings before interest, income taxes, depreciation and amortization ("EBITDA"), was $6.9 ...