Astro-Med stabilizes, preps new products

Specialty-electronics maker Astro-Med Inc. said its earnings continued to improve from August through October as the company weathered the double-digit decline in its sales this fiscal year.

Astro-Med posted a profit of $683,000, or 9 cents a share, in the three months ended Oct. 31, up 5 percent from the profit of $649,000, or 9 cents a share, the company posted a year earlier. Revenue fell 6 percent to $16.66 million.

Full Story: Astro-Med stabilizes, preps new products Source: Providence Business News, December 1st, 2009 Author: Ted Nesi

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