"Despite the revenue dip experienced during the quarter as well as the ongoing challenges posed by foreign currency exposure, our operational improvements have allowed us to better serve customers while improving profitability throughout the year."
- Inscape Corp. (TSX:INQ) nearly doubled its third-quarter profit compared with a year ago, the company said Thursday.
The office furniture company said it earned $1.1 million or seven cents per share for the three months ended Jan. 31 compared with a profit of $640,000 or four cents per share on a year ago. Revenue in the quarter was $21.5 million, down from $24.3 million.
"We experienced some volatility in our third-quarter sales as a result of a shift in the timing of projects between quarters," Inscape chief executive Peter Brunelle said in a statement. Read more
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- Inscape Corp. (TSX:INQ) nearly doubled its third-quarter profit compared with a year ago, the company said Thursday.
The office furniture company said it earned $1.1 million or seven cents per share for the three months ended Jan. 31 compared with a profit of $640,000 or four cents per share on a year ago. Revenue in the quarter was $21.5 million, down from $24.3 million.
"We experienced some volatility in our third-quarter sales as a result of a shift in the timing of projects between quarters," Inscape chief executive Peter Brunelle said in a statement. Read more
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