logo
Share SHARE
FONT-SIZE Plus   Neg

Schmitt Industries Swings To Q3 Net Profit

Computer technology company Schmitt Industries Inc. (SMIT: Quote) reported third-quarter net income of $12,621 or breakeven per share, compared to a net loss of $0.2 million or $0.07 per share last year.

Net sales for the quarter increased 8.1 percent to $3.2 million from last year's $2.9 million.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Casino operator Wynn Resorts said its shareholders ousted Elaine Wynn from the board, reflecting fears that her presence may lead to disharmony with the management. To commemorate the launch of Hubble telescope twenty-five year ago, NASA unveiled celestial fireworks as official image, marked by brilliant tapestry of young stars flaring to life. Abercrombie & Fitch said it would stop hiring store employees based on their body type or physical attractiveness, and that its events, including store openings, will no longer have the presence of shirtless models.
comments powered by Disqus
RELATED NEWS
Trade SMIT now with 
Follow RTT