WSI Industries (WSCI) Reports Q3 Loss of $0.08/Share
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WSI Industries Reports Third Quarter Financial Results
June 22, 2017 5:00 PM EDTMINNEAPOLIS, MN -- (Marketwired) -- 06/22/17 -- WSI Industries, Inc. (NASDAQ: WSCI) today reported sales for its fiscal 2017 third quarter ending May 28, 2017 of $9,594,000 versus the prior year amount of $8,886,000, or an increase of 8%. Year-to-date sales for the period ended May 28, 2017 totaled $22,237,000 versus $27,106,000 in the prior year.
The Company also reported a net loss of $220,000 or $.08 per diluted share for the fiscal 2017 third quarter compared to net income of $78,000 or $.03 per diluted share in the prior year third quarter. Year-to-date, the Company has incurred a net loss of $904,000 or $.31 per diluted share versus net... More
