AZZ Inc. (AZZ) 1Q FY’2012 Financial Results, Revenues Increase 48%, Net income up 49%Welcome to CRWE Newswire, I’m Yohemy Auerbach. AZZ Incorporated - trading with the symbol AZZ - reported unaudited financial results for the first quarter ended May 31, 2011.
Highlighhts include Revenues for the first quarter were $114.3 million dollars an increase of 48 percent compared to revenues in the same quarter last year, Net income for the quarter was $9.5 million dollars or $0.75 per diluted share, an increase of 49 percent compared to net income in last year’s first fiscal quarter.
The company is revising its fiscal year 2012 guidance for revenues to be in the range of $450 to $475 million dollars
AZZ incorporated is a multifaceted enterprise providing essential products and services to global industrial markets with emphasis toward the generation, transmission and distribution of electrical power and the expert application of hot-dip galvanizing to prevent the damaging effect of corrosion in steel products