American Electric Technologies (AETI) Misses Q2 EPS by 5c
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AETI Announces Improved Profits in the Second Quarter
August 13, 2015 7:00 AM EDTHOUSTON, Aug. 13, 2015 (GLOBE NEWSWIRE) -- American Electric Technologies, Inc. (NASDAQ: AETI), a leading provider of power delivery solutions for the global energy industry, today announced its second quarter 2015 financial results.
The Company reported net income attributable to common shareholders of $0.5 million, up 146% from the $0.2 million reported in the first quarter and up from the $1.4 million loss in the 2nd quarter of 2014. The Q2 2014 results included the impairment of the Company's American Access Technologies business.
Fully diluted earnings per share were $0.06 for the quarter, up from $0.02 in Q1 of 2015 and up from a... More
AETI Announces Improved Profits in the Second Quarter
August 13, 2015 7:00 AM EDTHOUSTON, Aug. 13, 2015 (GLOBE NEWSWIRE) -- American Electric Technologies, Inc. (NASDAQ: AETI), a leading provider of power delivery solutions for the global energy industry, today announced its second quarter 2015 financial results.
The Company reported net income attributable to common shareholders of $0.5 million, up 146% from the $0.2 million reported in the first quarter and up from the $1.4 million loss in the 2nd quarter of 2014. The Q2 2014 results included the impairment of the Company's American Access Technologies business.
Fully diluted earnings per share were $0.06 for the quarter, up from $0.02 in Q1 of 2015 and up from a... More
