STEWARTVILLE, Minn. (Jan. 24)—Rochester Medical Corp. posted a 52-percent increase in earnings on record sales of $3.5 million for its first quarter. The medical products maker reported net income of $61,000, or 1 cent per share, for the period ended Dec. 31. This compares to a net loss of $544,000 on sales of $2.3 million for the similar quarter last year. The company attributed the sales increase to improved private label customer and Rochester Medical brand product sales.
Rochester Medical first-quarter earnings, sales increase
Rubber & Plastics News wants to hear from its readers. If you want to express your opinion on a story or issue, email your letter to Editor Bruce Meyer at [email protected].