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Apogee Profit Up, Spurred By Architectural Unit
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Reuters reported that Apogee Enterprises Inc. (APOG.O: Quote, Profile , Research), which makes glass for office-building exteriors and picture frames, said on Tuesday that first quarter profit more than doubled, helped by strong results in its architectural business.
The shares rose more than 6 percent following the earnings announcement after closing up 12 cents to $25.20 in regular-session trading on Nasdaq.
Net income in the fiscal first quarter ended June 2 increased to $11.7 million, or 40 cents per share, from $4.74 million, or 17 cents per share, a year earlier. Sales advanced to $209.9 million from $187 million.
Read the entire story on the source link below.
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June 28th, 2007
Source: Reuters |
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