American Electric Technologies (AETI) Misses Q1 EPS by 12c
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AETI Announces Q1 Profits
May 7, 2015 7:01 AM EDTHOUSTON, May 7, 2015 (GLOBE NEWSWIRE) -- American Electric Technologies, Inc. (Nasdaq: AETI), a leading supplier of power delivery solutions for the global energy industry, today announced its first quarter 2015 financial results.
The Company reported net earnings attributable to common shareholders in the first quarter of $0.2 million, up from a loss in the fourth quarter of 2014 of ($2.1) million, and down from $0.5 million profit in the first quarter of 2014.
The Company reported consolidated revenue of $15.3 million, up from $13.7 million in Q4 2014 but down from $15.8 million in Q1 of 2014. M&I Electric Brazil, the Company's wholly owned Brazilian... More
