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FeedsFarm.com > Roanoke Electric Steel Corporation: Roanoke Electric Steel Corporation Reports Record Third Quarter Sales

Roanoke Electric Steel Corporation: Roanoke Electric Steel Corporation Reports Record Third Quarter Sales

7th Sep 2005, 22:06 GMT

ROANOKE, VA (MARKET WIRE) Roanoke Electric Steel Corporation (NASDAQ: RESC) today reported net earnings of $7,311,280 for the third quarter ended July 31, 2005, compared to net earnings of $7,757,545 for the same period last year. Basic earnings per share for the quarter were $.66 ($.65 diluted), compared to $.71 ($.70 diluted) in the third quarter of 2004. Sales for the quarter were a record $136,398,926, up 8.9% from sales of $125,262,181 for the same period last year.

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