George Risk Industries Inc. Reports Earnings Results for the Third Quarter Ended January 31, 2019
March 22, 2019 at 12:20 am IST
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George Risk Industries Inc. announced earnings results for the third quarter ended January 31, 2019. For the third quarter, the company announced sales was USD 3.455 million compared to USD 3.260 million a year ago. Operating income was USD 832,000 compared to USD 582,000 a year ago. Net income was USD 1.173 million compared to USD 791,000 a year ago. Basic earnings per share was USD 0.24 compared to USD 0.16 a year ago. For the nine months, sales was USD 10.551 million compared to USD 8.597 million a year ago. Operating income was USD 2.491 million compared to USD 1.973 million a year ago. Net income was USD 2.559 million compared to USD 2.032 million a year ago. Basic earnings per share was USD 0.52 compared to USD 0.41 a year ago. Diluted earnings per share was USD 0.51 compared to USD 0.41 a year ago.
George Risk Industries, Inc. is a manufacturer of electronic components. The Company is engaged in the designing, manufacturing, and sale of custom computer keyboards, proximity switches, security alarm components and systems, pool access alarms, EZ Duct wire covers, water sensors, electronic switching devices, high security switches and wire and cable installation tools. Its segments include security alarm products, cable & wiring tools and other products. It also designs and manufactures a range of professional specialty tools for wire and cable installation, which include installation, staging, vision and testing tools; drilling and cutting tools; specialty wire running, pushing and pulling systems; FiberFuse Wire Running Rods & Kits, and spanning and retrieval tools. Its security products are used in alarm system installations in the residential, commercial, industrial, and government sectors. Its specialty services include private labeling and custom manufacturing services.
GEORGE RISK INDUSTRIES, INC. 
