Ossen Innovation (OSN) Reports Q3 EPS of $0.16

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Ossen Innovation Announces Third Quarter 2015 Financial Results

December 9, 2015 4:00 PM EST

SHANGHAI, Dec. 9, 2015 /PRNewswire/ -- Ossen Innovation Co., Ltd. ("Ossen" or the "Company") (Nasdaq: OSN), a China-based manufacturer of an array of plain surface, rare earth and zinc coated pre-stressed steel materials, today announced its financial results for the quarter ended September 30, 2015.

Revenues increased by 7.6% to $30.0 million for the three months ended September 30, 2015 compared to the same period in 2014, with strong growth in sales volume for both coated and plain surface PC strands and others that are partially offset by lower average selling price due to lower... More