George Risk Industries Reports Positive Fiscal Year Results
Net income for the fiscal year ended April 30 was $3.12 million, up 14.74% from the prior year.
Net income for the fiscal year ended April 30 was $3.12 million, up 14.74% from the prior year.
Layoffs represent 8% of workforce and follow another quarter of declining results.
The results were 17% higher than the same period one year ago and surpassed the analysts’ projections of $1.37 a share.
Company expects new products and demand for displays will boost results in the third quarter.