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Kewaunee Scientific Q4 Profit Declines - Quick Facts
June 23, 2010, Wednesday, 20:54 GMT | 15:54 EST | 01:24 IST | 03:54 SGT
(RTTNews) - Kewaunee Scientific Corp. (KEQU) reported fourth-quarter net income of $528 thousand or $0.20 per share, compared with $920 thousand or $0.36 per share in the same quarter last year.
Earnings for the quarter were unfavorably impacted by lower sales and an after-tax increase in pension expense of $157,000, or $0.06 per diluted share.
Sales for the quarter were $23.94 million, down 3.6% from $24.82 million in the previous year period.
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