logo
Share SHARE
FONT-SIZE Plus   Neg

Acme United Q4 Profit Rises

Acme United Corp. (ACU: Quote) posted fourth-quarter net income of $266 thousand, or $0.09 per share, compared to $181 thousand, or $0.06 per share in the comparable quarter last year.

Net sales for the quarter were $15.84 million, compared to $13.36 million in the previous year quarter.

For the year ended December 31, 2011, net income rose to $2.8 million or $0.91 per share from $2.6 million or $0.81 per share in the year-ago period.

Net sales for the period were $73.30 million, up from $63.15 million last year.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Google's 1-gigabit fiber network will arrive in Atlanta, Charlotte, N.C., Raleigh-Durham, N.C. and Nashville, Tenn., according to The Wall Street Journal. For now, Google has passed over Salt Lake City, San Antonio, Phoenix, Portland, Ore. and San Jose, Calif., cities the company said earlier last... Boston was recently selected by the U.S. Olympic Committee to be the country's candidate for the 2024 Games, trumping proposals from Los Angeles and San Francisco. Boston is a vibrant, resilient, incredibly interesting place to live and work. But here are five reasons that the city may be a poor fit... Software giant Microsoft Corp. said Monday after the markets closed that its second quarter profit fell 11% from last year, hurt mainly by integration and restructuring costs as well as higher income tax expenses even as revenue increased 8% due to strong sales of its gadgets and cloud-based products.
comments powered by Disqus
Follow RTT