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From AP:

For the quarter ended April 30, the company reported net income of $10.6 million, or 15 cents per share, compared with profits of $16.1 million, or 23 cents per share, a year ago. Revenue declined to $114.3 million from $118.3 million in the year earlier period.

Wall Street had forecast a profit of 13 cents per share, the average estimate of six analysts surveyed by Thomson Financial, on projected sales of $114.3 million.

"The earnings for the quarter were just as expected, but these guys really had to fight to get there," said Dennis McAlpine, managing director of McAlpine Associates in Scarsdale, N.Y. "They're fighting hard for every nickel they get."

I blame Mark Henry

Posted by edelfenbein at June 13, 2006 4:13 PM