Trio-Tech Third Quarter Net Income is $0.19 Per Share Versus Loss
Net income for the third quarter of fiscal 2019 ended March 31, 2019 was $683,000, or $0.19 per diluted share.
- Net income for the third quarter of fiscal 2019 ended March 31, 2019 was $683,000, or $0.19 per diluted share.
- This compares to a net loss of $739,000, or $0.20 per share, for the third quarter of fiscal 2018.
- Net income for the fiscal 2019 third quarter benefitted from $739,000 in other income, which included a gain of $685,000 on the sale of assets previously held for sale.
- Income from operations for the third quarter of fiscal 2019 was $123,000 compared to $234,000 for the third quarter of fiscal 2018.