April 25, 2013

First Quarter Earnings Announced

Today we reported our results for the first quarter 2013:

  • Operating income for the quarter was $59 million, resulting in a 4.5% operating margin, compared to operating income of$89 million and a 7.4% operating margin in the first quarter of 2012.
  • Pre-tax income of $23 million in the first quarter.  This compares to pre-tax income of $49 million in the first quarter of 2012.
  • Net income for the first quarter was $14 million, or $0.05 per diluted share.  This compares to our first quarter 2012 net income of $30 million, or $0.09 per diluted share.

Read the full press release and tune in at 9:30 a.m. ET to hear the earnings call.

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