Fushi Copperweld, Inc. (FSIN) reported third quarter net income of $9.19 million, compared to $9.05 million last year. Earnings per share were $0.31, flat with the year ago quarter.
Adjusted Non-GAAP net income was $7.53 million, compared to $9.4 million in the prior year quarter. Adjusted Non-GAAP earnings per share were $0.26, compared to $0.33 a year earlier.
On average, 3 analysts polled by Thomson Reuters expected the company to report earnings of $0.26 per share, on revenues of $55.37 million. Analysts' estimates typically exclude special items.
Revenues were $47.7 million compared to $63.8 million in the third quarter of the prior year.
In the 2009 fourth quarter, the Company expects adjusted earnings per share before the impact of non-cash expense related to stock- based compensation between $0.26 and $0.30 based on an estimated weighted average diluted share count of approximately 29.4 million shares.
Analysts expect the company to earn $0.29 per share.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.