Flow International Announces 2011 Second Quarter EPS of $(0.01)

Flow International Corporation FLOW today reported results for its fiscal 2011 second quarter ended October 31, 2010. For the second quarter of fiscal 2011, Flow reported consolidated revenues of $52.9 million, a 26% increase from $42.0 million in the prior-year period. Net loss in the current quarter was $0.3 million or $0.01 per share. In comparison, the Company reported net income of $0.7 million or $0.02 per share in the prior-year period, which included a non-recurring $0.6 million gain on the sale of a facility.
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