Shengkai Innovations (VALV) Posts Q1 non-GAAP EPS of $0.18, Tops by 4c; Reaffirms FY11 Outlook
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Shengkai Innovations, Inc. (Nasdaq: VALV) reports Q1 non-GAAP EPS of $0.18, 4 cents better than the analyst estimate of $0.14. Revenue for the quarter came in at $17.2 million, versus the consensus estimate of $16.98 million.
Reiterates FY11 outlook
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Reiterates FY11 outlook
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