Kewaunee Scientific Q4 Profit More-Than-Triples

6/26/2012 4:48 PM ET

Kewaunee Scientific Corp. (KEQU: Quote) 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.

Click here to receive FREE breaking news email alerts for Kewaunee Scientific Corp. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

<<Previous 136 Articles

Editors Pick

Negative Reaction To Fed Leads To Sell-Off On Wall Street - U.S. Commentary

After moving mostly higher over the course of the two previous sessions, stocks pulled back sharply during trading on Wednesday. A negative reaction to the Federal Reserve's monetary policy announcement weighed on the markets in afternoon trading. The major averages saw some volatility following the announcement from the Fed, closing firmly in the red.

CBO Finds Senate Immigration Bill Would Reduce Budget Deficit

Providing a potential boost to comprehensive immigration reform, the non-partisan Congressional Budget Office has estimated that the immigration bill currently being debated in the Senate would result in a notable reduction to the federal budget deficit.

Angelina Jolie Listens To Tragic Stories Of Syrians Fleeing Conflict

Along a dirt track on an unexpectedly cool and windy night on Jordan's border with Syria, as shadows lengthened across the barren hills, UNHCR Special Envoy Angelina Jolie listened to the stories of men, women and children who had fled Syria just hours before. She heard stories of bombs and pain and loss from people fleeing Homs, Dara'a and Qusair, three of the communities devastated by the Sy