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Local Focus.(Business)
0 Comments | Daily Herald (Arlington Heights, IL), April, 2005
IDEX outperforms analysts' estimates NORTHBROOK - IDEX Corp. posted record earnings, up 34 percent, and beat the analysts by a penny. The fluid-handling technologies specialist had a profit of $23.6 million, or 45 cents a share, in the first quarter. The earnings compared with $17.7 million, or 35 cents a share, in the year-earlier quarter.
The growth was due to acquisitions, better operating margins and favorable currency exchange rates. Revenue rose 17 percent, to $252.1 million from $214.6 million in the year ago quarter. - Kate Leahy Medill News Service CTI's NASDAQ listing in jeopardy BARRINGTON - The Nasdaq Stock Market has sent notice to foil and latex balloon maker CTI Industries Corp. that the company's securities may be de-listed from the...
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