Polypore Int'l Q2 Profit Down

Polypore Shares Decline As Q1 Results Miss View

Polypore Q1 Profit Falls

Polypore International Q1 13 Earnings Conference Call At 4:45 PM ET

Polypore To Present At BB&T Capital Market Conference; Webcast At 1:55 PM ET

Trade PPO now with

7/31/2012 6:13 PM ET

Energy storage systems maker Polypore International Inc. (PPO: Quote), 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.

Click here to receive FREE breaking news email alerts for Polypore International Inc. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

<<Previous 145 Articles Next>>

Editors Pick

Red Hat Results Edge Past Estimates

Red Hat Inc., the world's largest seller of Linux software, said Wednesday after the markets closed that its first quarter profit rose 8% from last year, as revenue increased 15% amid strong consumer demand. The company's quarterly earnings per share, excluding items, also came in above analysts' expectations as did its quarterly revenue.

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.