The Eastern Company announced earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company announced sales were $34.1 million, compared to $34.4 million for the same period in 2015. Net income was $2.6 million, or $0.42 per diluted share, compared to $1.7 million, or $0.28 per diluted share in the fourth quarter of 2015, an increase of 53%. For the full year, the company announced net sales were $137.6 million, compared to $144.6 million for the same period in 2015. Net income was $7.8 million, or $1.25 per diluted share, compared to $5.7 million, or $0.92 per diluted share during the same period in 2015, an increase of 37%. The company generated $12.4 million of cash from its operations during fiscal year 2016 as a result of the company’s continued disciplined expense and capital management.