logo
Share SHARE
FONT-SIZE Plus   Neg

Rockford Q1 Profit Rises - Quick Facts

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

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Facebook Inc. (FB), Wednesday reported a jump in profit for the second quarter, as the social networking giant's bottom line continues to be driven by soaring ad revenues. Both earnings and revenues trumped Wall Street expectations, sending shares up by 6 percent in the extended hours. Menlo Park,... Boeing Co.(BA) reported a loss for the second-quarter 2016 compared to profit in the prior year, reflecting 787 cost reclassification and charges on the 747 program and the KC-46 Tanker program, partially offset by solid execution and higher volume. It cut its profit outlook for fiscal year 2016, while it reaffirmed annual revenue guidance. Automaker Fiat Chrysler Automobiles NV on Wednesday reported a 25 percent increase in profit for the second quarter from last year. However, quarterly net revenues and worldwide shipments declined from last year.
comments powered by Disqus
Follow RTT