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Raven Industries posts 4Q profit

SIOUX FALLS, S.D. (AP) _ Raven Industries Inc. (RAVN) on Monday reported fiscal fourth-quarter net income of $4.4 million.

On a per-share basis, the Sioux Falls, South Dakota-based company said it had profit of 12 cents.

The industrial products maker posted revenue of $68.9 million in the period.

For the year, the company reported profit of $20.2 million, or 56 cents per share. Revenue was reported as $277.4 million.

Raven Industries shares have climbed 18 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $29.75, a rise of 89 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RAVN at https://www.zacks.com/ap/RAVN


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