Intricon Corporation (IIN) Misses Q2 EPS by 14c

Go back to Intricon Corporation (IIN) Misses Q2 EPS by 14c

IntriCon Reports 2016 Second-Quarter Results

August 2, 2016 4:05 PM EDT

Hearing Health 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 second quarter ended June 30, 2016.

Highlights:

Net sales of $17.0 million were consistent with the prior-year period; The companys value hearing health initiatives delivered year-over-year growth; IntriCons equity offering in May 2016 raised net proceeds of $3.7 million, providing additional financial flexibility; and,... More