Friedman Industries Incorporated
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Friedman Industries to Open Steel Coil Facility in Decatur
April 18, 2006 — Friedman Industries, Inc. announced that it intends to establish a new steel processing and distribution operation in Decatur, Ala. The company expects to locate the facility on approximately 47 acres in Morgan County, Ala.
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Friedman Industries, Incorporated Announces First Quarter Results - Zibb.com
HOUSTON, Aug 12, 2008 (BUSINESS WIRE) --
Friedman Industries, Incorporated (AMEX:FRD), a Houston-based company engaged in pipe manufacturing, steel coil processing and steel and pipe distribution, announced today its results of operations for the first quarter. For the quarter ended June 30, 2008, the Company recorded net earnings of $3,975,660 ($0.58 per share diluted) on sales of $59,598,696. During the quarter ended June 30, 2007, the Company recorded net earnings of $1,552,451 ($0.23 per share diluted) on sales of $50,530,510.
SUMMARY OF OPERATIONS (unaudited)
THREE MONTHS ENDED JUNE 30,
-----------------------------
2008 2007
-------------- --------------
Net sales $59,598,696 $50,530,510
Total costs, expenses and other income 53,496,868 48,186,355
-------------- --------------
Earnings before income taxes 6,101,828 2,344,155
Income taxes 2,126,168 791,704
-------------- --------------
NET EARNINGS $ 3,975,660 $ 1,552,451
============== ==============
Weighted average shares outstanding:
Basic 6,799,444 6,712,108
Diluted 6,799,444 6,779,583
Earnings per share:
Basic $ 0.58 $ 0.23
Diluted $ 0.58 $ 0.23
For further information please refer to the Company's Form 10-Q as filed with the Securities and Exchange Commission on August 12, 2008 or contact Ben Harper, Senior Vice President, at 713-672-9433.
SOURCE: Friedman Industries, Incorporated
Friedman Industries, Incorporated, Houston Senior Vice President Ben Harper, 713-672-9433
Tags: amex earnings manufacturing president sales steel taxes
Companies: Friedman Industries, Inc. (FRD)
*Revised* Analyst Reports for Gabriel Resources Ltd., Groupe Aeroplan Inc, Denison Mines Corp., and
LONDON, Jul 16, 2008 (MARKET WIRE via COMTEX) --
MaybachFinancial.com is one of the fastest growing independent and unbiased research firms in the world. Through our numerous partnerships with many of the top investment minds in the world, we provide research on companies making a move in the markets. Investors seeking genuine analyst opinions on their investments for Gabriel Resources Ltd. (TSX: GBU), Groupe Aeroplan Inc (TSX: AER), Denison Mines Corp. (TSX: DML), and Natcan Investment Management Inc. (TSX: NA) should take this opportunity to get free in-depth research by signing up for a free membership at www.maybachfinancial.com. Our coverage of any company will include research in the following areas:
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Companies: Denison Mines Corp (DML), Gabriel Resources Ltd. (GBRRF), Gabriel Resources Ltd. (GBU), Groupe Aeroplan Inc (AER), Groupe Aeroplan Inc (GAPFF), National Bank of Canada (NA)
Friedman Industries Inc (FRD) Corporate Event Announcement Notice - Zibb.com
Sep 06, 2008 (Wall Street Horizon via COMTEX) --
Friedman Industries Inc (FRD)
Expected next earnings release: Announcement date: 11/13/2008 - After Market Earnings Quarter: Q2 Announcement Status: Unconfirmed
Expected next dividend: Dividend Announcement Date: 9/4/2008 Dividend Record Date: 10/24/2008 Dividend Pay Date: 11/21/2008 Dividend Amount: 0.12
Tags: corporate dividend earnings market
Companies: Friedman Industries, Inc. (FRD)
Friedman Industries Inc (FRD) Corporate Event Announcement Notice - Zibb.com
Sep 05, 2008 (Wall Street Horizon via COMTEX) --
Friedman Industries Inc (FRD)
Expected next earnings release: Announcement date: 11/13/2008 - After Market Earnings Quarter: Q2 Announcement Status: Unconfirmed
Expected next dividend: Dividend Announcement Date: 9/4/2008 Dividend Record Date: 10/24/2008 Dividend Pay Date: 11/21/2008 Dividend Amount: 0.12
Tags: corporate dividend earnings market
Companies: Friedman Industries, Inc. (FRD)
News from Zibb.com
- Friedman Industries, Incorporated Announces First Quarter Results - Zibb.com
- *Revised* Analyst Reports for Gabriel Resources Ltd., Groupe Aeroplan Inc, Denison Mines Corp., and
- Friedman Industries Inc (FRD) Corporate Event Announcement Notice - Zibb.com
- Friedman Industries Inc (FRD) Corporate Event Announcement Notice - Zibb.com
