George Risk Industries, Inc. Reports Earnings Results for the Second Quarter Ended October 31, 2020
December 15, 2020 at 02:34 pm
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George Risk Industries, Inc. announced earnings results for the second quarter ended October 31, 2020. For the second quarter, the company announced sales was USD 4.647 million compared to USD 3.710 million a year ago. Operating income was USD 1.364 million compared to USD 946,000 a year ago. Net income was USD 860,000 compared to USD 957,000 a year ago. Basic earnings per share from continuing operations was USD 0.17 compared to USD 0.19 a year ago. For the half year, sales was USD 8.694 million compared to USD 7.263 million a year ago. Operating income was USD 2.550 million compared to USD 1.855 million a year ago. Net income was USD 3.352 million compared to USD 1.932 million a year ago. Basic earnings per share from continuing operations was USD 0.68 compared to USD 0.39 a year ago. Diluted earnings per share from continuing operations was USD 0.67 compared to USD 0.39 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. 