Bolt Technology announced earnings.NORWALK Norwalk (nôr`wôk'). 1 City (1990 pop. 94,279), Los Angeles co., S Calif.; settled in the 1850s, inc. 1957. With the arrival (1875) of the Southern Pacific RR, it became a center for the dairy and logging industries, but , Conn.--(BUSINESS WIRE)--April 10, 1996--Bolt Technology Corp. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). : BOLT) announced Wednesday Wednesday: see week. the results of operations for the third quarter and first nine months of fiscal 1996. The company reported that revenues and net income for the three months ended March 31, 1996 amounted to $1,955,000 and $277,000, respectively, as compared to revenues of $1,801,000 and net income of $241,000 in last year's third quarter. For the nine months ended March 31, 1996, revenues and net income amounted to $5,864,000 and $741,000, respectively, as compared to revenues of $5,252,000 and net income of $628,000 during the corresponding nine months last year.
BOLT TECHNOLOGY CORP.
Financial Summary
Quarter ended Nine months ended
March 31, March 31,
1996 1995 1996 1995
Revenues $1,955,000 $1,801,000 $5,864,000 $5,252,000 Net income 277,000 241,000 741,000 628,000 Per share income $0.06 $0.05 $0.15 $0.12 Average shares outstanding 4,971,000 4,971,000 4,971,000 5,211,000 CONTACT: Bolt Technology, Norwalk Raymond Raymond, town, Canada Raymond, town (1991 pop. 3,130), S Alta., Canada, SE of Lethbridge, in a sugar beet area. Sugar is refined and honey is produced there. A provincial agricultural college is in the town. M. Soto, 203/853-0700 |
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