APC net income for fourth quarter plummets 67%

West Kingston-based American Power Conversion Corp., a maker of commercial uninterruptible power supplies, reported Thursday that net income for the fourth quarter of 2005 was $17.5 million, down 67 percent from $52.8 million in the fourth quarter 2004 and a decrease of 64 percent from $48.7 million in the third quarter 2005. The company said…
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