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Acme United Reports First Quarter 2018 Results
04/20/2018
Acme United Reports 14% Sales Increase and 17% Diluted EPS Increase for First Quarter of 2018. Provides Financial Guidance for 2018.
FAIRFIELD, Conn., April 20, 2018 (GLOBE NEWSWIRE) -- Acme United Corporation (NYSE American:ACU) today announced that net sales for the quarter ended March 31, 2018 were $31.7 million compared to $27.7 million in the first quarter of 2017, an increase of 14%.
Net income was $765,000 or $0.21 per diluted share for the quarter ended March 31, 2018 compared to $659,000, or $0.18 per diluted share, for the comparable period last year, an increase of 16% in net income and 17% in diluted earnings per share.
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