WSI Industries (WSCI) Reports Q1 EPS of $0.18

WSI Industries (NASDAQ: WSCI) reported Q1 EPS of $0.18, versus ($0.12) reported last year. Revenue for the quarter came in at $8.55 million, versus $6.31 million reported last year.

The Company also announced today that its Board of Directors has declared a quarterly dividend of $.04 per share. The dividend will be payable April 17, 2018 to holders of record on April 3, 2018. Pudil commented: “We are also pleased to announce the reinstatement of our dividend program. WSI has a solid balance sheet and believes that it sees the stability ahead that will support a dividend. We believe that a consistent dividend program is a further sign of WSI’s financial strength and improved business outlook. It is our objective to reward our shareholders with cash dividends as well as increasing share appreciation while, at the same time, maintaining our strong financial position. We believe the dividend program helps us accomplish these goals.”

For earnings history and earnings-related data on WSI Industries (WSCI) click here.

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