LeCroy reports loss
-
- January
- 24
LeCroy Corp. of Chestnut Ridge, which supplies oscilloscopes, announced this morning that it lost $7.7 million during the second quarter of its fiscal 2007, compared with a profit of $2.2 million a year earlier. On a per-share basis, the company lost 67 cents. During the second quarter of 2006, LeCroy earned 17 cents a share. But on a pro forma basis that does not take into account generally accepted accounting principles the company lost only $300,000, or 2 cents a share, compared with a profit of $3.6 million, or 29 cents a share, a year earlier. Revenues declined to $38.1 million from $42 million. LeCroy stock was trading at $10.09, down 1 cent, at 10:10 a.m.
This entry was posted
on Wednesday, January 24th, 2007 at 11:44 am by Allan Drury.
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