Intricon Corporation (IIN) Tops Q3 EPS by 2c

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IntriCon Reports 2018 Third-Quarter Results

November 5, 2018 4:05 PM EST

Medical and Value Hearing Health Performance Drive Double-Digit Third Quarter Sales Gains and Profitability

ARDEN HILLS, Minn.--(BUSINESS WIRE)-- IntriCon Corporation (NASDAQ: IIN), a designer, developer, manufacturer and distributor of miniature and micro-miniature body-worn devices, today announced financial results for its third quarter ended September 30, 2018.

Highlights:

Quarterly revenue of $30.1 million increased 20.2 percent over the prior-year third quarter; Gross margin of 31.6 percent was up from 30.8 percent in the prior-year period; IntriCon reported third-quarter diluted net income per share of $0.22... More