Webco posts another sharp decline in quarterly results

Jun 13, 2013 | 01:00 PM | Thorsten Schier

Tags  Webco Industries, tubular products, Dana Weber, earnings report, Thorsten Schier

NEW YORK — Webco Industries Inc. posted a sharp drop in sales and earnings in its fiscal third quarter as it once again experienced lower volume, a less-favorable product mix and weak spot pricing.

"We have seen improvement in some of our industrial sectors, but visibility into the future is limited," vice chairwoman, president and chief executive officer Dana Weber said in comments accompanying the company’s earnings release.....

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