American Electric Technologies (AETI) Swings to Q2 Profit
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/16/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- SanDisk upgraded at JPMorgan after investor day; shares climb
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
AETI Announces Q2 2016 Results
August 15, 2016 7:00 AM EDTHOUSTON, Aug. 15, 2016 (GLOBE NEWSWIRE) -- American Electric Technologies, Inc. (NASDAQ: AETI), a leading supplier of power delivery solutions for the global energy industry, today announced its second quarter 2016 financial results.
The Company reported net income attributable to common shareholders in the second quarter of $0.1 million, up from the $3.0 million loss from the first quarter of 2016, but down from the $0.5 million net income reported in the second quarter of 2015. Second quarter revenues were $11.4 million, up from $8.3 million in the first quarter of 2016 but down from $12.3 million in the second quarter... More
