Thursday, March 15, 2012

Kimball reports better third-quarter results - Business First of Louisville:

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million, or 12 cents per share, from $2.8 or 7 cents per share, for the same periods a year earlier. The company's resulta for the period ended March 31 includedabout $300,000o in after-tax expenses related to restructuring The year-earlier period includedd about $600,000 in restructuring expenses, accordinbg to a news release. Third-quartert revenue fell to $285.4 million from $285.o9 million in 2003. Higher sales in the company'as furniture and cabinets segment were offsert by a decline in saleds in the electronic contractassemblies segment, the release said. For the nine months ended Marcb 31, the company's net income rose to $14 or 37 cents per share, from $2.
8 million, or 8 centsw per share, a year earlier. Revenue for the nine-mont h period rose to $860.6 million from $878. million. Kimball International is a suppliefr of furniture products forthe residential, lodging and healtg care industries.

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