Wednesday , May 12 2021

Black Box: Fiscal 2Q Instant Earnings



LAWRENCE, Pa. (AP) _ Black Box Corp. (BBOX) on Friday reported the net income of the second fiscal quarter of $ 22.9 million after reporting a loss in the same period of the previous year.

The Lawrence-based company in Pennsylvania said it had a net profit of $ 1.50 per share. Losses, adjusted to account for interrupted operations and non-recurring gains, were 55 cents per share.

The communications equipment provider posted revenues of $ 158.7 million in the period.

Company shares closed at $ 1.07. A year ago, they traded at $ 2.95.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks actions report on BBOX at https://www.zacks.com/ap/BBOX


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