LMI Aerospace, Inc. (NASDAQ: LMIA) Beats 2Q Estimates, Raises Guidance
Read the full article: http://blog.qualitystocks.net/?p=11598
LMI Aerospace, Inc. (LMIA), a provider of engineering services and structural components to the aerospace and defense industries, announced record second quarter financial results this afternoon. Revenues were $64.9 million, an increase of 91% compared to $33.9 million in Q2 2007. Net income rose 72% to $5.0 million, or 45 cents per share, from $2.9 million, or 26 cents per share, for the same period last year. Analysts surveyed expected the company to earn 39 cents per share on $61.2 million in revenues.
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