LaBarge sets new sales and earnings records for fiscal 2008 Q2
Feb 01, 2008
LaBarge, Inc. has reported financial results for the fiscal 2008 second quarter and first half ended December 30, 2007. Sales and earnings in the fiscal 2008 periods represent new quarterly and first-half records for the Company.
Fiscal 2008 second-quarter net sales rose 10 percent to $67,052,000 from $60,820,000 in the fiscal 2007 second quarter. Net earnings in the fiscal 2008 second quarter were $3,397,000, or $0.21 per diluted share, up 6 percent from $3,197,000, or $0.20 per diluted share, in the second quarter of fiscal 2007.
Net sales for the six months ended December 30, 2007 rose 14 percent to $126,242,000 from $110,720,000 in the fiscal 2007 first half. Net earnings in the fiscal 2008 first half were $5,917,000, or $0.37 per diluted share, up 6 percent from $5,608,000, or $0.35 per diluted share, in the first half of fiscal 2007.
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