AZZ incorporated Reports Second Quarter Results of Fiscal Year 2011; EPS $.77

AZZ incorporated AZZ today announced unaudited financial results for the three and six-month periods ended August 31, 2010, which includes the acquisition of North American Galvanizing effective June 14, 2010. Revenues for the second quarter were $99.6 million compared to $95.2 million for the same quarter last year, an increase of 5 percent. Net income for the second quarter was $9.6 million, or $0.77 per diluted share, compared to net income of $11.1 million, or $0.89 per diluted share, in last year's second fiscal quarter. The expenses related to the acquisition of North American Galvanizing since June 14, 2010, adversely impacted second quarter earnings by $0.03 per diluted share. Without these expenses, the second quarter earnings would have been $0.80 per diluted
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Posted In: EarningsNewsHeavy Electrical EquipmentIndustrials
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