LaBarge reports Q3 - Bookings of new business strong, backlog reaches record high

LaBarge, Inc. (AMEX: LB) reported its financial results for the fiscal 2006 third quarter and nine months ended April 2, 2006.
 
Fiscal 2006 third-quarter net sales were $47,273,000, up 5 percent from $44,837,000 in the fiscal 2005 third quarter. Net earnings in the fiscal 2006 third quarter were $2,305,000, or $.14 per diluted share, versus $3,007,000, or $.19 per diluted share, in the third quarter of fiscal 2005.

For the nine months ended April 2, 2006, net sales were $135,059,000, compared with $137,189,000 in the first nine months of fiscal 2005. Net earnings for the nine months were $6,998,000, or $.44 per diluted share, in fiscal 2006, versus $8,031,000, or $.51 per diluted share, in fiscal 2005.