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O.I. Corporation (OICO) Reports Q2 Earnings; Declares Quarterly Dividend

August 11, 2008 3:29 PM EDT
OICO Hot Sheet
Today's EPS Names:
TARO, BRLI, TLB, More
O.I. Corporation (Nasdaq: OICO) reports Q2 EPS of $0.07 compared to $0.10 during the same period of 2007. Revenue were $8.04 million compared to $6.53 million for the same period of the prior year.

During the second quarter, OICO repurchased approximately 11,600 shares of common stock.

The Company also declared a quarterly cash dividend of $0.05 per common share payable on August 29, 2008 to shareholders of record at the close of business on August 14, 2008.

(NOTE - Shares are down almost 7% on very light volume)

O.I. Corporation (O.I) provides products for detection, analysis, measurement and monitoring applications in a variety of industries, including environmental testing, food and flavors, beverage, pharmaceutical, semiconductor, power generation, chemical, petrochemical and security. [SM]

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