ACT Manufacturing - Press Release -
[Cached Version]
Published on: 7/29/1998
Last Visited: 10/3/2000
Contact : Douglass C. GreenlawACT Manufacturing, Inc978-562-8046
ACT MANUFACTURING, INC.ANNOUNCES SECOND QUARTER 1998 RESULTS.
Hudson, Mass., July 29, 1998, DATE : [ 07/29/1998 ]ACT Manufacturing, Inc. (Nasdaq : ACTM) today announced results for the second quarter ended June 30, 1998.
For the three months ended June 30, 1998, revenue increased 2 percent to $ 74, 173, 000 compared to $ 72, 364, 000 for the same period in 1997.Net income for the quarter was $ 86, 000 compared with net income of $ 3, 631, 000 for the second quarter of 1997.The Company realized net earnings of $ 0.01 per share on 9, 182, 356 weighted average shares for the quarter ended June 30, 1998, compared to net earnings per share of $ 0.39 on 9, 349, 251 weighted average shares for the quarter ended June 30, 1997.