Shengkai Innovations (VALV) Reports Q4 & FY11 Results, Revenue Rose 72.6% Y/Y
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Shengkai Innovations, Inc. (NASDAQ: VALV) reported Q4 revenues came in at $27.3 million, versus $16 million reported last year.
For the FY11, Revenues increased 72.6% yoy to approximately $93.5 million while non-GAAP net income was approximately $33.5 million, or $0.95.
For the FY11, Revenues increased 72.6% yoy to approximately $93.5 million while non-GAAP net income was approximately $33.5 million, or $0.95.
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