Thiokol now Cordant Techologies (CDD) Message Board

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Technology Stocks : Thiokol now Cordant Techologies (CDD)

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To: HairyWho? who wrote (57)	4/21/1998 8:34:00 AM
From: Carmine Cammarosano	Read Replies (1) of 127

Thiokol Reports Third Quarter Earnings; Earnings Increase 58 Percent OGDEN, Utah, April 21 /PRNewswire/ -- Thiokol Corporation (NYSE: TKC - news) reported net income of $32.8 million or $.87 per share for the quarter ended March 31, 1998, compared to $20.8 million or $.56 per share (adjusted for the recent two-for- one stock split) for the prior year's quarter. The current year's quarterly net income increased 58 percent over the prior year. James R. Wilson, Chairman and Chief Executive Officer commented, ''We had another outstanding quarter contributing to what will be a record earnings year.

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