MFRI Announces Record Earnings For 2nd Qtr
September 8, 2009
NILES, IL, September 8, 2009 -- MFRI, Inc. (NASDAQ: MFRI)– Today MFRI announced record earnings for the second quarter and the six months ended July 31, 2009. For the second quarter 2009, Company net sales were $61.1 million, 21.3% less than $77.6 million for the prior-year’s second quarter. Net income rose 56.0% to a second quarter high of $3.8 million or $0.55 diluted earnings per share, compared to $2.4 million or $0.35 diluted earnings per share, in the prior-year period. Click below for full details.
Q2 2009 Press Release