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

Editors Pick
The bench to bedside journey of drugs is fraught with challenges. It is estimated that only 5 in 5,000 compounds that enter preclinical testing make it to human testing, and out of those 5, only 1 may pass through all the regulatory hurdles needed to reach pharmacy shelves. Major League Baseball is talking expansion for the first time in a few decades. Owners stand to make a pretty penny from expansion fees and subsequent television rights. The possibility of a more balanced schedule is also enticing. Strong expansion candidates in the U.S. and Canada are ready... The New York Times is teaming up with Google again to give away Google Cardboard, the virtual reality headsets, but this time only to its "most loyal" digital subscribers. The company said that the digital-only subscribers selected for this distribution were chosen based on the duration of their subscriptions.
comments powered by Disqus
Follow RTT