Clary Corp. Announces Third-Quarter Earnings.Business Editors MONROVIA Monrovia, city, Liberia Monrovia (mənrō`vēə), city (1986 est. pop. 465,000), capital of the Republic of Liberia, NW Liberia, a port on the Atlantic Ocean at the mouth of the St. Paul River. , Calif.--(BUSINESS WIRE)--Nov. 8, 2002 Clary clary: see sage. Corporation (PCX (1) A bitmapped graphics file format that handles monochrome, 2-bit, 4-bit, 8-bit and 24-bit color and uses RLE to achieve compression ratios of approximately 1.1:1 to 1.5:1. Images with large blocks of solid colors compress best under the RLE method. See PC Paintbrush. :CLY) (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :CLRY) announced sales and other revenues of $1,616,000 for the three-month period ended September September: see month. 30, 2002, compared to $2,501,000 for the same period in 2001. Net earnings of $190,000 or $.08 per share are being reported for the quarter in 2002, compared to net earnings of $521,000 or $.29 per share in 2001.
Three Months Ended
September 30,
2002 2001
Net sales and other income $1,616,000 $2,501,000
Earnings before income taxes $ 210,000 $ 576,000
Income tax expense 20,000 55,000
Net earnings $ 190,000 $ 521,000
Net earnings per common share $ .08 $ .29
Weighted average number of shares,
basic and diluted 2,407,419 1,807,419
Nine Months Ended
September 30,
2002 2001
Net sales and other income $4,150,000 $6,012,000
Earnings before income taxes $ 332,000 $1,214,000
Income tax expense 31,000 57,000
Net earnings $ 301,000 $1,157,000
Net earnings per common share $ .14 $ .64
Weighted average number of shares,
basic and diluted 2,207,419 1,807,419
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