News & Analysis » US
Synergetics Q3 Profit Rises - Quick Facts
June 14, 2010, Monday, 20:49 GMT | 15:49 EST | 01:19 IST | 03:49 SGT
(RTTNews) - Synergetics USA, Inc. (SURG) reported net income for the third quarter of $3.3 million or $0.13 per share, compared to $458 thousand or $0.02 per share in the year-ago quarter.
Revenues for the quarter increased 5.3% to $13.9 million from $13.1 million in the prior-year quarter.
Gross profit for the third quarter of fiscal 2010 rose to $8.0 million, or 57.9% of sales, compared to $7.4 million, or 56.2% of sales, in the same period in fiscal 2009.
Operating income for the third quarter of fiscal 2010 increased to $2.0 million from $879 thousand in the third quarter of fiscal 2009.
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