Energy storage systems maker Polypore International Inc. (PPO), Tuesday reported second-quarter net income of $20.5 million or $0.43 per share, compared to $29.5 million or $0.63 per share in the prior-year period.
Adjusted net income was $23.9 million or $0.51 per share, compared to $29.4 million or $0.63 per share in the prior-year period. On average, 10 analysts polled by Thomson Reuters expected earnings of $0.54 per share for the quarter. Analysts' estimates typically exclude special items.
Sales were $185.8 million compared to $196.4 million in the prior-year period. Excluding the effect of foreign currency translation, sales decreased 1 percent. Analysts estimated revenues of $185.63 million for the 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.