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Article: Technitrol Reports Q4 and Full-Year 2002 Results.
- Article from:
- Business Wire
- Article date:
- January 20, 2003
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Business Editors/High-Tech Writers
PHILADELPHIA--(BUSINESS WIRE)--Jan. 20, 2003
Technitrol, Inc. (NYSE:TNL) reported net earnings of $4.3 million, or $.11 per diluted share, for its fourth fiscal quarter ended December 27, 2002.
Excluding restructuring and unusual and infrequent items, net earnings for the quarter were $4.7 million, or $.12 per diluted share, well ahead of the guidance provided earlier in the quarter. By comparison, and excluding comparable restructuring and unusual and infrequent items, the company reported earnings of $2.7 million, or $.06 per diluted share, in the previous quarter and, also excluding slow-moving inventory ...