ElkCorp Reports First Quarter Results; Earnings Per Diluted Share From Continuing Operations Increased 34% Over Prior Year; Strategic Acquisition of RGM Products, Inc. Closed.
Business Wire › October 21, 2005
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ElkCorp Reports First Quarter Results; Earnings Per Diluted Share From Continuing Operations Increased 34% Over Prior Year; Strategic Acquisition of RGM Products, Inc. Closed.
DALLAS -- ElkCorp (NYSE:ELK) announced today financial results for its first fiscal quarter, ended September 30, 2005. Earnings from continuing operations for the first quarter were $10.5 million, or $0.51 per diluted share.
First Quarter Overview ElkCorp Consolidated --ElkCorp recorded revenue of $215.9 million which is an increase of 32% over the $163.0 million reported for the first quarter of fiscal 2005. --The Company reported income from continuing operations of $10.5 million, or $0.51 per diluted share, compared to $7.7 million, or $0.38 per diluted share reported for the first quarter of fiscal 2005. Net income was $10.5 million or $0.51 per diluted share compared to $6.8 million, or $0.34 per diluted share for the prior year...See the full content of this document
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