George Risk Industries, Inc. Announces Earnings Results for the First Quarter Ended July 31, 2016
September 19, 2016 at 06:23 pm
Share
George Risk Industries Inc. announced earnings results for the first quarter ended July 31, 2016. For the quarter, the company’s net sales to be $2,666,000. Net sales for the quarter ended July 31, 2015 were $2,855,000. Net income was $567,000, as compared to $722,000 for the corresponding quarter ending July 31, 2015. Earnings per share was $0.11 per common share and $0.14 per common share for the quarter ended July 31, 2015.
George Risk Industries, Inc. is a manufacturer of electronic components. The Company is engaged in the designing, manufacturing, and sale of custom computer keyboards, proximity switches, security alarm components and systems, pool access alarms, EZ Duct wire covers, water sensors, electronic switching devices, high security switches and wire and cable installation tools. Its segments include security alarm products, cable & wiring tools and other products. It also designs and manufactures a range of professional specialty tools for wire and cable installation, which include installation, staging, vision and testing tools; drilling and cutting tools; specialty wire running, pushing and pulling systems; FiberFuse Wire Running Rods & Kits, and spanning and retrieval tools. Its security products are used in alarm system installations in the residential, commercial, industrial, and government sectors. Its specialty services include private labeling and custom manufacturing services.