MOCON (MOCO) Reports Q3 EPS of $0.20

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Go back to MOCON (MOCO) Reports Q3 EPS of $0.20

MOCON Reports Third Quarter Results; Announces Corporate Realignment Plan

November 5, 2015 4:27 PM EST

Highlights:

Overall Revenue increased 5 percent on a Constant Currency basis Approximately $1.7 million of pre-tax savings in 2016 from realignment plan Double digit growth in Permeation and Package Testing Segments on a Constant Currency basis

MINNEAPOLIS, Nov. 5, 2015 (GLOBE NEWSWIRE) -- MOCON, Inc. (NASDAQ: MOCO), today reported financial results for the third quarter ended September 30, 2015.

Commenting on the Company's performance, MOCON's president and CEO, Robert L. Demorest said, "On a Constant Currency basis, our third quarter revenue grew 5 percent. Our Permeation and Package Testing business segments both... More