SW, out of TELT and FLYR here. Increasing position on AFFI and buying CADE because of increased interest and product demand:
PR Newswire - April 22, 1999 08:45
- Net Income Up 42%
- Revenues Increased 19%
- Cade Repurchases Shares on Open Market
OKEMOS, Mich., April 22 /PRNewswire/ -- Cade Industries, Inc. (Nasdaq: CADE), a leading supplier of products and services to the aerospace and air transport industries, today reported strong results for the first quarter ended March 31, 1999.
First quarter net income rose 42 percent, to $1,303,000, or earnings per share of six cents, from net income of $918,000 or four cents per share for the comparable period of 1998. Revenues were up 19 percent to $26.1 million from $21.9 million in last year's first quarter.
Cade Industries, Inc. Ticker: CADE Page 1 of 10
Complete Financials: December 1998 Exchange NASD
Earnings Announcement: March 1999* FY END DEC
ISSUE DATA (04/30/99) PER SHARE DATA RATIOS
Price $ 2.06 EPS (TTM) $ 0.21* P/E (TTM) 9.97*
52W High $ 4.38 Div. Rate $ 0.00 Yield 0.00 %
52W Low $ 1.94 Book Value $ 1.24 Price/Book 1.66
Shrs Out 21.70 Mil Cash $ 0.01 ROE (TTM) 17.93*%
Float 13.70 Mil Rev (TTM) $ 4.47* ROA (TTM) 7.70*%
Mon. Vol 1.35 Mil Curr. Ratio 1.44
Beta 1.22 LT Dbt/Eqty 0.31
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