Foraco International SA Bottom Line Declines In Q1

Foraco International SA (FAR.TO) announced a profit for first quarter that decreased from last year

The company's earnings totaled $1.02 million, or $1.54 per share. This compares with $8.46 million, or $8.78 per share, last year.

The company's revenue for the period fell 28.6% to $55.01 million from $77.08 million last year.

Foraco International SA earnings at a glance (GAAP) :

-Earnings: $1.02 Mln. vs. $8.46 Mln. last year.
-EPS: $1.54 vs. $8.78 last year.
-Revenue: $55.01 Mln vs. $77.08 Mln last year.

by RTTNews Staff Writer

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