Raven Industries posts 3Q profit

Raven Industries posts profit of $5.7 million in third quarter

SIOUX FALLS, S.D. (AP) _ Raven Industries Inc. (RAVN) on Wednesday reported fiscal third-quarter net income of $5.7 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Sioux Falls, South Dakota-based company said it had net income of 16 cents.

The industrial products maker posted revenue of $72.5 million in the period.

Raven Industries shares have fallen slightly since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $25.10, a rise of 69 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

_____

Keywords: Raven Industries, Earnings Report

--

Get stories like this on the Yahoo app and discover more every day.
Download it now.
Loading...