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Article: EG&G OFF FROM A YEAR AGO; DAMON NET INCOME IS $1.8M
- Article from:
- The Boston Globe (Boston, MA)
- Article date:
- October 26, 1988
CopyrightCopyright 1988 The Boston Globe. Provided by ProQuest LLC. (Hide copyright information)
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EG & G Inc. of Wellesley yesterday reported flat earnings for the
third quarter of $13.99 million or 51 cents a share, compared to 50
cents on net income of $13.91 million a year ago. Revenues for the
third quarter increased to $345.5 million compared to $321.7
million for the same period last year.
For the full nine months, earnings per share rose to $1.66 on
net income of $45.7 million compared to $1.48 on net income of
$41.1 million a year ago. EG&G's total nine-month revenues
increased to $1 billion compared to $931.7 million last year.
John M. Kucharski, company chairman, president and chief
executive, said, "Although earnings per share were essentially flat