RELM Wireless (RWC) Reports Q2 EPS of $0.10
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RELM Wireless Reports Second Quarter 2016 Results
August 3, 2016 4:15 PM EDTWEST MELBOURNE, Fla., Aug. 3, 2016 /PRNewswire/ --Â RELM Wireless Corporation (NYSE MKT: RWC) today announced its financial and operating results for the second quarter and six months ended June 30, 2016 and the declaration of a $0.09 per share dividend to be paid on September 16, 2016 to shareholders of record as of September 1, 2016.
For the second quarter ended June 30, 2016, sales increased 152.9% to approximately $16.7 million, compared with $6.6 million for the second quarter of 2015. Net income for the second quarter 2016 totaled approximately $1.4 million, or $0.10 per basic and diluted share, compared with net income of approximately $78,000,... More
