Earnings Roundup: Preformed Line Products, Imax
Among the earnings stories for Thursday, March 12, from AP Financial News:
MAYFIELD VILLAGE, Ohio (AP) ¿ Preformed Line Products Co., which makes products for communications and energy networks, said Thursday its fourth-quarter profit grew 49 percent despite a decline in revenue due to the impact of currency exchange rates.
NEW YORK (AP) ¿ Imax Corp., which makes large-screen movie systems, said Thursday its fiscal fourth-quarter loss narrowed as its costs shrunk, but adjusted results missed analysts' estimates and sent the stock lower.
ROSEVILLE, Calif. (AP) ¿ SureWest Communications on Thursday reported that its fourth-quarter loss widened from a year ago, as higher operating and interest costs outpaced growth in revenue that mainly came from an acquisition.ATLANTA (AP) ¿ Consumer-guide publisher Primedia Inc. posted a fourth-quarter profit Thursday, reversing a year-ago loss, boosted by an income tax benefit and lower costs.
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