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Industry: Email Alert RSS FeedEdelbrock has gains.(automotive parts industry)
Powersports Business, October, 2004
Edelbrock Corp., Torrance, Calif., reported revenues for its fourth quarter ended June 30, 2004, of $38,030,000, up from $32,678,000 for the same period of fiscal 2003. Net income for the fourth quarter of fiscal 2004 was $1,320,000, or 24 cents per diluted share, compared to net income of $709,000, or 13 cents per diluted share, for the same quarter of fiscal 2003.
Results for the quarter ended June 30, 2004, reflected professional fees and similar costs associated with the proposed "going-private" transaction totaling $496,000.
For the year ended June 30, 2004, revenues were $125,980,000, an increase over the $115,225,000 posted in fiscal 2003. Net income for fiscal 2004 was $3,979,000, 72 cents per diluted share, compared to net income of...
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