Rockford Corp.(ROFO: Quote,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.
Click here to receive FREE breaking news email alerts for Rockford Corp and others in your portfolio
by RTT Staff Writer
For comments and feedback: firstname.lastname@example.org