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Apogee Enterprises 2Q profit rises 7 percent

Post Time:Sep 17,2009Classify:Industry NewsView:121

Glass maker Apogee Enterprises Inc. [Minneapolis] said its fiscal 2010 second-quarter profit rose 7 percent and beat analyst expectations despite a decline in sales amid a weaker commercial construction market.

On Wednesday [Sept. 16], the company said quarterly earnings climbed to $13 million, or 47 cents per share, up from $12.2 million, or 43 cents per share in the prior-year period, according to an AP report in Forbes.

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