High-tech printing systems manufacturer Astro-Med Inc. said Tuesday its net income was virtually unchanged in the first quarter, at $431,000, when compared with a year earlier, when it was $430,000.

Income was 6 cents per diluted share for both quarters. Sales were $18.86 million in the quarter ended April 30, 10.4 percent greater than a year earlier. Astro-Med noted a favorable foreign currency exchange rate contributed $191,000 in the first quarter revenue.

Full Story: Astro-Med 1Q profit unchanged from 2010 Source: Providence Business News, May 19th, 2011 Author: Kimberley Donoghue Added on May 19th, 2011 at 9:18 am, by Muse en Lystrala