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Edo Corp. reports profit of $3.9 million in quarter

SHARE Edo Corp. reports profit of $3.9 million in quarter

New York-based Edo Corp. on Thursday reported net earnings of $3.9 million, or 22 cents per share, for the first quarter. That compares with $4 million, or 17 cents per share, for the 2003 first quarter.

Revenue totaled $110.9 million, up from $94.4 million.

Edo has its Edo Electro-Ceramic Products and Edo Fiber Science business segments based in Salt Lake City.

The company said it is sticking with its revenue estimate of $525 million to $535 million for the full year.

Edo stock fell 63 cents Thursday to close at $23.17 per share. During the past year, the price has ranged from $14.97 to $27.20.