Impco Tech 2Q Loss 83c/Share
Impco Technologies Inc. - Cerritos, Calif.
2nd Quar Oct. 31:
2001 2000
Revenue $24,062,623 $25,351,538
Net income a (8,732,331) (1,381,831)
Avg shrs (basic) 10,512,524 10,271,056
Avg shrs (diluted) 10,512,524 10,271,056
Shr earns (basic)
Net income a (.83) (.13)
Shr earns (diluted)
Net income a (.83) (.13)
6 Months:
Revenue 49,912,878 54,619,555
Net income (14,328,427) (1,989,785)
Avg shrs (basic) 10,426,608 9,595,984
Avg shrs (diluted) 10,426,608 9,595,984
Shr earns (basic)
Net income (1.37) (.21)
Shr earns (diluted)
Net income (1.37) (.21)
Figures in parentheses are losses.
a. Includes charges of $2.5 million for the cancelled S-3 equity offering and expenses related to the spinoff of Quantum Technologies, and other legal expenses.
Impco Technologies Inc. (IMCO) said the slowing economy and a downturn in its capital goods-related forklift market hurt second quarter results.
The company makes fuel storage, fuel delivery and electronic control systems.
Company Web site: impcotechnologies.com |
