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Tag Archives: Earnings

Parker Hannifin reports record earnings (access required)

Parker Hannifin Corp. on Thursday reported record third-quarter sales and earnings, beating Street estimates. Sales for the quarter ended March 31 rose 20 percent to $3.75 billion, compared with $3.12 billion last year. Net income for the quarter increased to ...

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Kodak revenue shrinks in 2017 (access required)

Eastman Kodak Co. last week reported 2017 net earnings of $94 million, which included a $101 million tax benefit due to the release of a valuation allowance in the fourth quarter of the year as a result of increased profits ...

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IEC shares up despite first-quarter loss (access required)

Shares of IEC Electronics Corp. stock (NYSE: IEC) are trending upward in the second half of February, despite a first-quarter net loss announced earlier this month. IEC shares were trading at $4.06 midday Wednesday, up from $3.68 on Feb. 6, ...

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Xerox cites progress in 4th quarter report (access required)

Following its announcement of a merger agreement with Fujifilm Holdings Corp., Xerox Corp. on Wednesday reported a fourth-quarter earnings drop and roughly flat sales. For the quarter ended Dec. 31, Xerox reported revenue of $2.75 billion, compared with $2.73 billion ...

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Transcat reports record Q3 revenue (access required)

Transcat Inc. on Tuesday reported record revenues for the third quarter and a 44 percent increase in net income. For the quarter ended Dec. 23, Transcat reported service revenue of $18.8 million and distribution sales of $21.7 million, for total ...

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CurAegis Technologies’ future in question (access required)

CurAegis Technologies Inc. this week reported a third-quarter net loss and cash on hand that will not cover its future working capital requirements. For the third quarter ended Sept. 30, CurAegis, formerly Torvec Inc., reported a net loss of $1.17 ...

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Net loss for Vuzix despite soaring sales (access required)

Vuzix Corp. on Thursday reported a third-quarter net loss of $5.5 million, despite a 140 percent increase in sales. For the quarter ended Sept. 30, the Henrietta developer of smart glasses, augmented reality and virtual reality technologies and products posted ...

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Kodak shows a net loss in 3Q (access required)

Eastman Kodak Co. shares plummeted Thursday morning following an after-market earnings call Wednesday that delivered weak third-quarter results. For the quarter ended Sept. 30, Kodak delivered a net loss of $46 million, compared with earnings of $12 million in the ...

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