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WSI Industries Q3 Profit Rises

WSI Industries Inc. (WSCI) Tuesday reported a higher profit for the third quarter, driven mainly by a 45 percent growth in revenues.

The Monticello, Minnesota-based company's third-quarter net profit was $598 thousand or $0.21 per share, compared to $397 thousand or $0.14 per share last year.

Total revenues for the quarter surged to $9.48 million from $6.53 million in the prior-year quarter.

by RTTNews Staff Writer

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