4Q profit falls, sales rise
(Continued from page 1) Net income for the quarter ended Jan. 1 was $3.2 million, or 18 cents per share, which included about $3 million, or 15 cents per share, for the completion of a strategic alternative review process and settlement expenses. Last year the company looked into alternatives such as a possible merger or sale, but in the end recapitalized existing loans. That was a 48-percent decline compared with a year ago, when net income was $6.1 million, or 36 cents per share, ...
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Contact: Desiree Torres Desiree.Torres@penton.com