Thursday, LaBarge Inc. (LB) reported net income of $3.67 million, or $0.23 per share, for the first quarter, up 46% from $2.52 million, or $0.16 per share, a year ago.
Analysts polled by First Call/Thomson Financial expected the company to earn $0.23 per share for the quarter.
Net sales grew 15% to $68.19 million from $59.19 million in the fiscal 2008 first quarter.
Looking forward, the company said it anticipates that fiscal 2009 second-quarter sales and earnings will be comparable to this year's first-quarter results.
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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.