Federal Screw Works Reports Second Quarter Results
February 13 2009 - 10:45AM
PR Newswire (US)
ST. CLAIR SHORES, Mich., Feb. 13 /PRNewswire-FirstCall/ -- Federal
Screw Works (Pink Sheets: FSCR) reports net sales for the second
quarter and six months ended December 31, 2008, of $9,221,000 and
$18,498,000 compared to net sales of $15,134,000 and $31,966,000
for the second quarter and six months ended December 31 of the
prior year. The Company incurred a net loss of $(1,958,000) for the
quarter and $(3,887,000) for the six months ended December 31,
2008, or $(1.41) and $(2.81) per share, compared to a net loss of
$(1,007,000) for the quarter and $(1,306,000) for the six month
period, or $(.73) and $(.95) per share, in the same periods of the
prior year. DATASOURCE: Federal Screw Works CONTACT: W. T.
ZurSchmiede, Jr., Chairman and CFO, Federal Screw Works,
+1-586-443-4200 Web site: http://www.federalscrew.com/
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