Ecology & Environment (EEI) Trades Strong Following Solid Q3 Report
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Increased Revenues From U.S. Operations and Continued Reductions in Operating Expenses Drive Strong Third Quarter Results at Ecology and Environment, Inc.
June 16, 2015 5:33 PM EDTLANCASTER, N.Y., June 16, 2015 (GLOBE NEWSWIRE) -- Ecology and Environment, Inc., (E & E or the Company) (Nasdaq: EEI) reported a 9% increase in revenue from U.S. operations and continued reductions in operating expenses, leading to consolidated net income of $1.8 million ($0.42 per share) for the third quarter of fiscal year 2015, an improvement from a net loss of $0.3 million ($0.08 per share) reported in the third quarter of the prior year. Â
For the first nine months of fiscal year 2015, the Company reported net income of $2.5 million ($0.58 per share), an improvement from the loss of $0.7 million ($0.17 per share)... More
