WSI Industries (WSCI) Swings to Q4 Loss
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WSI Industries Reports Fourth Quarter and Full Year Results
October 20, 2015 4:55 PM EDTMINNEAPOLIS, Oct. 20, 2015 (GLOBE NEWSWIRE) -- WSI Industries, Inc. (Nasdaq: WSCI) today reported annual sales for the fiscal 2015 year ending August 30, 2015 of $42,983,000 versus the prior year's sales of $42,714,000. The Company also reported full year net income of $997,000, or $.34 per diluted share versus $1,224,000 or $.41 per diluted share in the prior year.
For the fiscal 2015 fourth quarter, the Company reported sales of $8,779,000 versus the prior year's quarter of $11,329,000 while the Company incurred a net loss of $34,000 or $.01 per diluted share as compared to net income of $300,000 or $.10 per diluted share in the prior year's fiscal fourth... More
