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 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.