The Eastern Company Reports Results for the First Quarter of 2011

The Eastern Company EML today announced the results of its operations for the first quarter of 2011. Sales for the quarter were $33.2 million, compared to $31.0 million for the same period in 2010, a 7% increase. Net Income for the first quarter was $1.1 million, or $0.18 per diluted share, compared to $1.0 million, or $0.16 per diluted share that was reported in the first quarter of 2010.