Apogee Reports Fiscal 2011 First-Quarter Results

Apogee Enterprises, Inc. announced on Jun 22, 2010 fiscal 2011 first-quarter results. Apogee provides distinctive value-added glass solutions for the architectural and picture framing industries.  FY11 FIRST QUARTER VS.

PRIOR-YEAR PERIOD
 
-- Revenues of $143.0 million were down 21 percent.
 
-- Operating loss was $6.1 million, compared to earnings of $11.7 million.
 
-- Loss from continuing operations was $0.13 per share, versus earnings of $0.27 per share.
 
-- Architectural segment revenues declined 24 percent, with an operating loss of $8.6 million. -- Backlog ended at $214.9 million, compared to $227.5 million at the end of fiscal 2010 and $310.0 million in the prior-year period.
 
-- Large-scale optical segment revenues increased 18 percent, and operating income grew 69 percent to $3.4 million.
 
-- Cash and short-term investments totaled $69.6 million, compared to $102.6 million at the end of the fiscal 2010.
 
Read more here.

600450 Apogee Reports Fiscal 2011 First-Quarter Results glassonweb.com

See more news about:

Others also read

Herbert Kent Parker
Apogee Enterprises, Inc. announced that its board of directors elected a new independent director, Herbert K. Parker, 60, retired financial executive from Harman International Industries.
Apogee Announces Architectural Glass Restructuring
Investments, productivity improvements enable Utah plant closure; Restructuring charges reflected in previous fiscal 2018 outlook.
Crossmark Global Holdings Inc. Takes $259,000 Position in Apogee Enterprises, Inc.
The institutional investor purchased 5,376 shares of the industrial products company’s stock, valued at approximately $259,000.
Wicona provides innovative structural glazing solutions to One Bedford Avenue
WICONA, the specialist manufacturer of glazing and glass curtain walling, has worked with specialist contractor GLASSOLUTIONS to deliver the glazing and facades package for One Bedford Avenue, a flagship mixed use development in Central London.
Linetec introduces Brushed Stainless anodize finish
Linetec elevates the aesthetics of anodize to new heights with the addition of a proprietary Brushed Stainless finish.
Dan Smith
He is based in Dallas and reports directly to Tubelite regional sales manager Terry Robinholt. They work closely with glazing contractors and architectural teams across the region to provide assistance with storefront, curtainwall, entrances and daylight control systems.

Add new comment