LaBarge, Inc. today reported financial results for the fiscal 2008 second quarter and first half ended December 30, 2007. Sales and earnings in the fiscal 2008 periods represent new quarterly and first-half records for the company.
Fiscal 2008 second-quarter net sales rose 10 percent to $67 million from $60 million in the fiscal 2007 second quarter.
Net earnings in the fiscal 2008 second quarter were $3.4 million or $0.21 per diluted share, up six percent from $3.19 million or $0.20 per diluted share, in the second quarter of fiscal 2007.
Net sales for the six months ended December 30, 2007 rose 14 percent to $126 million from $110.7 million in the fiscal 2007 first half. Net earnings in the fiscal 2008 first half were $5.9 million, or $0.37 per diluted share, up six percent from $5.6 million, or $0.35 per diluted share, in the first half of fiscal 2007.