Rockford Corp.(ROFO,ROFO.PK), Tuesday reported a higher profit for the fourth quarter as revenues increased 23.9 percent.
The Tempe, Arizona-based company reported a first-quarter net profit of $2.98 million or $0.34 per share, compared to $1.30 million or $0.14 per share last year.
Total revenues for the quarter rose 23.9 percent to $20.54 million from $16.57 million in the prior-year quarter, primarily helped by higher core aftermarket and international sales channels.
by RTT Staff Writer
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