Steelcase: Fiscal Q1 Earnings Snapshot

GRAND RAPIDS, Mich. (AP) — GRAND RAPIDS, Mich. (AP) — Steelcase Inc. (SCS) on Wednesday reported net income of $1.5 million in its fiscal first quarter.

The Grand Rapids, Michigan-based company said it had profit of 1 cent per share. Earnings, adjusted for restructuring costs and amortization costs, were 9 cents per share.

The office furniture maker posted revenue of $751.9 million in the period.

For the current quarter ending in August, Steelcase expects its per-share earnings to range from 19 cents to 23 cents.

The company said it expects revenue in the range of $815 million to $840 million for the fiscal second quarter.

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