Magnetek Announces Fourth Quarter and Fiscal Year 2014 Results
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Magnetek (MAG) Reports Q4 EPS of $1.01
March 12, 2015 8:48 AM EDTMagnetek (NASDAQ: MAG) reported Q4 EPS of $1.01, versus $0.22 reported last year. Revenue for the quarter came in at $29 million, versus $25.2 million reported last year.
Operations and Outlook
Total bookings of $27.2 million for the fourth quarter of fiscal 2014 were up more than 3% over the prior year fourth quarter, resulting in a book-to-bill ratio for the quarter of 94%. Total Company order backlog was $12.7 million at December 28, 2014.
Recent economic data appear mixed, as the economy in the U.S. grew in the fourth quarter, but not as strongly as... More
