Schuff’s earnings sink 96 percent in quarter on construction slump
Oct 25, 2010 | 03:10 PM
| Corinna Petry
Schuff International Inc.'s net income plunged 96 percent in its fiscal third quarter ended Oct. 3, with the company citing lower revenue and thin margins due to the continued construction sector downturn.
Quarterly net income of $296,000 fell from $7.8 million in the same three-month span last year on revenue that declined 38.6 percent to just shy of $66 million from $107.4 million.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.