WSI Industries (WSCI) Reports Q3 EPS of $0.03
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WSI Industries Reports Third Quarter Financial Results
June 21, 2016 6:57 PM EDTMINNEAPOLIS, MN -- (Marketwired) -- 06/21/16 -- WSI Industries, Inc. (NASDAQ: WSCI) today reported sales for its fiscal 2016 third quarter ending May 29, 2016 of $8,886,000 versus the prior year amount of $12,368,000. Year-to-date sales for the period ended May 29, 2016 totaled $27,106,000 versus $34,204,000 in the prior year.
The Company also reported net income of $78,000 or $.03 per diluted share for the fiscal 2016 third quarter compared to $409,000 or $.14 per diluted share in the prior year third quarter. Year-to-date income was $216,000 or $.07 per diluted share versus $1,031,000 or $.35 per diluted share in the prior year.
Benjamin Rashleger, president and chief executive officer,... More
