DUBUQUE, Iowa (AP) _ Flexsteel Industries Inc. (FLXS) on Monday reported fiscal first-quarter earnings of $9.6 million.
On a per-share basis, the Dubuque, Iowa-based company said it had net income of $1.17. Earnings, adjusted for one-time gains and costs, came to less than 1 cent on a per-share basis.
The furniture maker posted revenue of $100.3 million in the period.
Flexsteel shares have decreased 32% since the beginning of the year. In the final minutes of trading on Monday, shares hit $15.01, a decrease of 34% in the last 12 months.