logo
Share SHARE
FONT-SIZE Plus   Neg

Acme United Q4 Profit Rises

Acme United Corp. (ACU) 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 is planning to significantly expand a carpool service on its navigational app Waze, according to a report in the Wall Street Journal. The move indicates the company is edging closer to a potential clash with ride-hailing service Uber Technologies Inc. Private equity firm Sycamore Partners has won the bankruptcy auction for the e-commerce business and intellectual property of U.S. women's apparel retailer The Limited with a bid of $26.8 million, Reuters reported, citing people familiar with the matter. A U.S. bankruptcy court judge must now approve the sale to Sycamore Partners. French telecommunications operator Orange SA reported Thursday higher net profit in its fiscal year 2016 mainly on income from discontinued operations. Operating income, meanwhile, declined, despite increased revenues. For fiscal 2017, the company projects higher adjusted EBITDA, a key earnings metric.
comments powered by Disqus
Follow RTT