Servotronics (SVT) Reports Q1 EPS of $0.12

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Servotronics, Inc. Announces First Quarter Results For The Period Ended March 31, 2016

May 11, 2016 5:20 PM EDT

ELMA, N.Y., May 11, 2016 /PRNewswire/ -- Servotronics, Inc. (NYSE MKT: SVT) a designer and manufacturer of servo-control components and other advanced technology products announced financial results for the period ended March 31, 2016.

"Revenues for the first quarter were up nearly 10% from last year led by our Advanced Technology Group," commented Kenneth Trbovich, President of Servotronics,Inc. "The strong top line numbers are also aided by the progress we have made as we continue to focus on improved efficiencies and structural cost reductions at both the Advanced Technology Group and Consumer Products Group." 

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