WSI Industries, Inc. (WSCI) Reports Q3 EPS of $0.14

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WSI Industries Reports Third Quarter Financial Results

June 23, 2015 5:00 PM EDT

MINNEAPOLIS--(BUSINESS WIRE)-- WSI Industries, Inc. (Nasdaq: WSCI) today reported sales for its fiscal 2015 third quarter ending May 31, 2015 of $12,368,000 versus the prior year amount of $10,702,000 or an increase of 16% over the prior year quarter. Year-to-date sales for the nine months ended May 31, 2015 totaled $34,204,000, an increase of 9% versus $31,385,000 in the prior year.

The Company also reported net income of $409,000 or $.14 per diluted share for the fiscal 2015 third quarter compared to $321,000 or $.11 per diluted share in the prior year third quarter or an increase of 27%. Included in the fiscal 2015 third quarter net income was... More