Intricon Corporation (IIN) Misses Q1 EPS by 1c
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IntriCon Reports 2016 First-Quarter Results
April 26, 2016 4:05 PM EDTHearing Health and Medical Revenue Up Over Prior Year
ARDEN HILLS, Minn.--(BUSINESS WIRE)-- IntriCon Corporation (NASDAQ: IIN), a designer, developer, manufacturer and distributor of miniature and micro-miniature body-worn devices, today announced financial results for its first quarter ended March 31, 2016.
Highlights:
Net sales of $18.3 million increased 10 percent over the prior-year period; The companys value hearing health initiatives delivered both year-over-year and sequential growth; Gross margins of 28.0 percent improved from 26.1 percent in the first quarter of 2015; and,... More