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Ikonics Slips To Loss In Q1

Ikonics Corp. (IKNX: Quote) reported a first-quarter net loss of $0.6 million or $0.03 per share, compared to a net income of $0.4 million or $0.02 per share in the same quarter last year.

Net sales for the quarter rose 10 percent to $4.0 million from $3.7 million in the prior year quarter.

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by RTT Staff Writer

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This apparel maker has doubled its earnings per share in just two years and regularly increasing its annual earnings forecast, despite a challenging consumer spending environment. Contributions from acquisitions, efficiency gains from self-owned global supply chain and benefits from 'Innovate-to-Elevate' strategy continue to boost the company's top-line and bottom-line results. Here is a quick summary of the earnings reported after the bell on Nov 20. We have 20+ stocks listed here. The good news is you can skip this step. There is a next move that can make your life a lot easier. Our research team has already done the groundwork for you. All these stocks listed... Design software maker Autodesk, Inc. said Thursday after the markets closed that its third quarter profit fell 81% from last year, as higher costs and expenses more than offset an 11% increase in revenue. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations as did its quarterly revenue.
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