George Risk Industries Inc. Reports Earnings Results for the First Quarter Ended July 31, 2019
September 18, 2019 at 06:25 pm
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George Risk Industries Inc. announced earnings results for the first quarter ended July 31, 2019. For the first quarter, the company announced sales was USD 3.552 million compared to USD 3.429 million a year ago. Operating income was USD 910,000 compared to USD 773,000 a year ago. Net income was USD 866,000 compared to USD 617,000 a year ago. Basic earnings per share was USD 0.17 compared to USD 0.12 a year ago.
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.