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Kewaunee Scientific Corp. Message Board

  • jgarush jgarush Aug 17, 1999 8:53 AM Flag

    Kewaunee Scientific sees 18 percent Q1

    STATESVILLE, N.C., Aug. 17 (dbusiness) � Kewaunee
    Scientific reported first quarter net earnings of $904, 000,
    or 37 cents a diluted share, for the first quarter
    this year compared with $766,000, or 31 cents a
    diluted share, in the same quarter last year.

    Management attributed the 18 percent gain to a strong market
    for its laboratory and computer furniture, and a
    one-time gain collected from settling a lawsuit.

    Sales increased two percent to $20 million compared
    with $19.6 million in same period last year. The
    company also benefited from collecting $86,000, or four
    cents a diluted share, from settling a lawsuit in the


22.170.00(0.00%)Oct 20 3:50 PMEDT