MFRI, Inc. (MFRI) Swings to Q3 Profit
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MFRI Announces 3Q15 Results; EPS of $0.83
December 8, 2015 8:31 AM ESTNILES, IL -- (Marketwired) -- 12/08/15 -- MFRI, Inc. (NASDAQ: MFRI) announced today financial results for the fiscal quarter ended October 31, 2015.
CEO Bradley Mautner commented, "During the third quarter, we began delivering orders and generating income from the many significant wins secured by Perma-Pipe during the first half of the year. The piping contracts we have been executing include both large-scale infrastructure projects in the Middle East and significant mining and oil & gas projects in North America. The successful scale-up of our facilities and production processes for these projects enabled us to... More
