George Risk Industries, Inc. Reports Earnings Results for the First Quarter Ended July 31, 2020
September 18, 2020 at 01:56 pm
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George Risk Industries, Inc. announced earnings results for the first quarter ended July 31, 2020. For the first quarter, the company announced sales was USD 4.047 million compared to USD 3.552 million a year ago. Operating income was USD 1.186 million compared to USD 910,000 a year ago. Net income was USD 2.492 million compared to USD 976,000 a year ago. Basic earnings per share from continuing operations was USD 0.5 compared to USD 0.2 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.
GEORGE RISK INDUSTRIES, INC. 
