Kewaunee Scientific Corp. (KEQU) Tuesday reported a sharp increase in profit for the fourth quarter, due mainly to higher revenues.
The Statesville, North Carolina-based company's attributable net profit for the fourth quarter was $1.26 million or $0.49 per share, compared to $252 thousand or $0.10 per share last year.
Total revenues for the quarter grew 8 percent to $28.99 million from $26.95 million in the prior-year quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.