Atrion Corp (ATRI) Raises Quarterly Dividend 16.7% to $1.05; 0.9% Yield

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Atrion Reports Second Quarter Results and Announces Dividend Increase

August 9, 2016 4:30 PM EDT

ALLEN, TX -- (Marketwired) -- 08/09/16 -- Atrion Corporation (NASDAQ: ATRI) today announced that for the second quarter ended June 30, 2016 revenues totaled $36.1 million compared with $37.7 million in the same period in 2015. On a diluted per share basis, earnings for the period increased to $4.02 as compared to $3.99 in the same period of last year. Net income for the second quarter totaled to $7.5 million in both years.

Commenting on the Company's results for the second quarter of 2016 compared to the same period last year, David A. Battat, President & CEO, said, "Overall sales were down 4%, reflecting lower prices... More