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

Quick Facts

Editors Pick
Online retail giant Amazon.com Inc. (AMZN) is reportedly in talks to buy luxury online fashion retailer Net-a-Porter. The news of acquisition was first reported by Women's Wear Daily, which said the deal would be completed for about 2 billion euros, indicating the biggest acquisition yet by Amazon.... Tim Cook, the CEO of tech giant Apple Inc., in an interview said he intends to give away all his wealth to charity. Cook, in an interview to Fortune, said he plans to donate all his wealth to philanthropic projects after paying for his 10-year old nephew's college education. According to Fortune,... Is it a 'personal life crisis' that led the Germanwings' co-pilot Andreas Lubitz to deliberately lowering the plane carrying 149 people to French Alps mountain? Police is investigating to find evidences to prove this suggestion.
comments powered by Disqus
Follow RTT