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Tag Archives: Earnings

Transcat reports drop in Q1 sales, earnings (access required)

Transcat Inc., a Rochester-based provider of accredited calibration, repair, inspection and laboratory instrument services, this week reported an 8 percent drop in first-quarter sales and a more than 50 percent decline in net income. For the quarter ended June 27, ...

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CooperVision parent Q2 earnings down 91 percent (access required)

CooperVision Inc. parent Cooper Cos. Inc. on Thursday reported a 20 percent decline in revenue and a 91 percent drop in earnings in the second quarter. For the quarter ended April 30, Cooper Cos. reported revenue of $524.9 million. CooperVision ...

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Monro to close 42 stores, reports Q4 loss (access required)

Monro Inc. on Thursday reported a fourth-quarter sales decline, resulting in a $3.8 million net loss, brought about by a mild winter and the COVID-19 pandemic. For the fourth quarter ended March 30, the Rochester-based undercar care specialist reported sales ...

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Vuzix posts improvement in Q1 bottom line (access required)

Vuzix Corp. this week reported an increase in first-quarter sales driven by higher sales of smart glasses products. The Henrietta-based supplier of smart glasses and augmented reality (AR) technologies and products posted revenues for the quarter ended March 31 of ...

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Kodak’s losses widen in Q1 (access required)

Eastman Kodak Co. on Tuesday reported a $111 million net loss in the first quarter, a $93 million decline from the photo giant’s $18 million net loss in the first quarter last year. For the quarter ended March 31, Kodak ...

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Ambrell parent reports first-quarter loss (access required)

Ambrell Corp. parent company, inTEST Corp., on Friday reported a $7 million drop in first-quarter revenue and a loss in earnings. For the first quarter ended March 31, inTEST posted net revenues of $11.2 million, down from $18.1 million in ...

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IEC reports Q2 revenue, earnings increases (access required)

Wayne County’s IEC Electronics Corp. this week reported an 18 percent increase in second-quarter revenues and a 127-percent increase in net income. For the quarter ended March 27, IEC posted revenues of $44.2 million, compared with $37.3 million in the ...

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L3Harris posts 170 percent increase in Q1 revenue (access required)

L3Harris Technologies Inc. on Tuesday reported first-quarter revenue of $4.6 billion, up nearly 170 percent from GAAP revenue a year ago, beating Street estimates. Net income for the quarter was $194 million, down 20 percent from $243 million in the ...

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Xerox reports drop in Q1 earnings, withdraws fiscal guidance amid pandemic upheaval (access required)

Xerox Holdings Corp. on Tuesday reported a $320 million drop in first-quarter revenue and a 45-cent decline in earnings, missing Street estimates for EPS. The document company also withdrew its guidance for fiscal 2020 due to economic uncertainty surrounding the ...

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