MOCON (MOCO) Reports Q4 EPS of $0.30

MOCON (NASDAQ: MOCO) reported Q4 EPS of $0.30. Revenue for the quarter came in at $16.9 million.

Fourth Quarter 2016 Highlights:

• Double digit revenue growth year-over-year-- Package Testing Segment increased 21 percent-- Permeation Segment declined by nine percent-- Industrial Analyzers and Other Segment increased 37 percent
• Gross profit was 57 percent of revenue: a two-percentage point improvement year-over-year
• Net income was $1.8 million, or $0.30 per diluted share, compared to $0.3 million, or $0.05 per diluted share in the fourth quarter of 2015
• Adjusted EBITDA was $2.9 million, or 17 percent of revenue compared to $2.1 million, or 13 percent of revenue in the year-ago quarter

For earnings history and earnings-related data on MOCON (MOCO) click here.

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