(REUTERS) TABLE - Precision Standard <PCSN.O> Q1 net profit
TABLE - Precision Standard <PCSN.O> Q1 net profit
DENVER, May 19 (Reuters) -
Precision Standard Inc.
Results Through 3/31/98
First-Quarter Results 1998 1997
Sales $34,453,916 $35,017,730
Income Before Income Tax 4,562,682 (2,461,382)
Income Tax Expense (25,000) (66,000)
Net Income 4,537,682 (2,527,382)
Weighted Average Shares Outstanding 3,666,054 3,187,328
Earnings Per Common Share
Income Before Income Tax 1.24 (0.77)
Income Tax Expense -- (0.02)
Net Income 1.24 (0.79)
NOTES: At the end of March 1998, the company's order
backlog (including unfunded government orders) stood at $391.5
million, as compared to $421.5 million for the same period the
previous year. Of the total, $214 million is mainly associated
with follow-on option years of its government contracts, versus
$261 million for the same period the previous year.
-- New York Newsdesk 212 859-1610
REUTERS
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This is huge for single digit company,any opinions?
Stefan |
