WSI Industries (WSCI) Reports Q2 Loss of $0.12/Share
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WSI Industries Reports Fiscal 2017 Second Quarter Results
March 21, 2017 5:35 PM EDTMINNEAPOLIS, MN -- (Marketwired) -- 03/21/17 -- WSI Industries, Inc. (NASDAQ: WSCI) today reported sales for its fiscal 2017 second quarter ending February 26, 2017 of $6,314,000 versus the prior year amount of $8,488,000. Year-to-date sales for the twenty-six weeks ended February 26, 2017 totaled $12,644,000 versus $18,220,000 in the prior year. The Company reported a net loss of $362,000 for the fiscal 2017 second quarter or $.12 per diluted share as compared to the prior year net income of $6,000 or $0.00 per diluted share. Year-to-date, the Company had a net loss for the first two quarters of $685,000 or $.23 per diluted share versus net income of $138,000 or... More
