Astro-Med 3Q sales continue to gain, as profit drops

ASTRO-MED INC., maker of specialty printers and data-acquisition systems, saw profit fall 15.2 percent in its fiscal third quarter, even as revenue increased 13.3 percent.  / COURTESY ASTRO-MED INC.
ASTRO-MED INC., maker of specialty printers and data-acquisition systems, saw profit fall 15.2 percent in its fiscal third quarter, even as revenue increased 13.3 percent. / COURTESY ASTRO-MED INC.
PROVIDENCE – Astro-Med Inc., maker of specialty printers and data-acquisition systems, posted net income of $1.1 million, or 14 cents per diluted share, for its fiscal third quarter, a decline of 15.2 percent compared with last year’s third-quarter net income of $1.3 million, or 18 cents per diluted share. The earnings, however, did mark improvement…
To read the full story, Subscribe or
Subscribe to PBN
- Advertisement -