Operating income was $3.5 million and $4.9 million for the three and 12 months ended June 30, 2012, respectively. This compares to operating income of $4.4 million and $3.8 million for the comparable periods of the prior year.Greenway earned net income of $2.2 million for the three months ended June 30, 2012, or seven cents per diluted share for the fiscal 2012 fourth quarter. For the three months ended June 30, 2011, Greenway had net income of $2.6 million and a loss available to common shareholders of ($12.6 million), or ($1.09) per share. The Company’s results for the 2011 fourth quarter and fiscal year include dividends and accretion related to preferred stock that was converted to common stock in February 2012.
Greenway Reports Record Fourth Quarter And Fiscal 2012 Results
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