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Skyline: Fiscal 1Q Earnings Snapshot

ELKHART, Ind. (AP) _ Skyline Corp. (SKY) on Wednesday reported fiscal first-quarter net income of $17.4 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Elkhart, Indiana-based company said it had profit of 31 cents. Earnings, adjusted for non-recurring costs and costs related to mergers and acquisitions, were 35 cents per share.

The manufactured and modular housing maker posted revenue of $371.9 million in the period.

Skyline shares have risen 94% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $28.49, a rise of 11% 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 SKY at https://www.zacks.com/ap/SKY