logo
Share SHARE
FONT-SIZE Plus   Neg

Acme United Q2 Profit Rises

Acme United Corp. (ACU) announced second-quarter net income of $2.21 million or $0.68 per share, compared to $2.06 million or $0.66 per share for the comparable period in 2012.

Net sales for the second quarter were $28.4 million, compared to $27.6 million in the comparable period of 2012, an increase of 3%.

Net income for the six months ended June 30, 2013 was $2.52 million, or $0.78 per share, compared to $2.32 million or $0.74 per share last year.

Net sales for the six months were $46.1 million, compared to $44.5 million in the same period in 2012, an increase of 4%.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Senator Lisa Murkowski, R-Alaska, has expressed support for repealing Obamacare's individual mandate, a key provision Senate Republicans are hoping to use to offset the cost of their tax reform bill. The Congressional Budget Office estimates repealing the requirement that nearly all Americans purchase... Automotive startup Divergent 3D said that a Chinese-led investment syndicate has agreed to commit up to $107 million in financing through a new investment round. Hong Kong-based investment holding company, O Luxe Holdings Limited, led the investment group, which includes Horizons Ventures, Shanghai Alliance Investment Limited and Altran Technologies. Apple Inc. has recently acquired Canada-based startup Vrvana, maker of the Totem augmented reality headset, TechCrunch reported. Both the companies reportedly declined to confirm news about the deal, which is reportedly worth $30 million.
comments powered by Disqus
Follow RTT