MONSTERSTOX.COM: Monsterstox.com : Lufkin Industries, Inc. (Nasdaq: LUFK)

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Today's hot alert includes : Lufkin Industries, Inc. (Nasdaq: LUFK) Lufkin Industries Reports Third Quarter 2009 Results From Continuing Operations

LUFKIN, Texas, Oct. 14 -- Lufkin Industries, Inc. (Nasdaq: LUFK) today announced financial results for the third quarter of 2009.

Earnings from continuing operations for the quarter declined to $5.1 million, or $0.34 per diluted share, compared with $25.0 million, or $1.66 per diluted share, for the third quarter of 2008. Revenues declined approximately 40% to $117.7 million for the third quarter, compared with $195.1 million for the third quarter of 2008.

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