Friedman Industries, Incorporated Announces First Quarter Results
HOUSTON--(BUSINESS WIRE)-- Friedman Industries, Incorporated, 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, 2012, the Company recorded net earnings of $2,091,854 ($0.31 per share diluted) on sales of $39,434,770. During the quarter ended June 30, 2011, the Company recorded net earnings of $1,831,411 ($0.27 per share diluted) on sales of $38,935,456.
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For further information please refer to the Company's Form 10-Q as filed with the Securities and Exchange Commission on August 13, 2012 or contact Ben Harper, Senior Vice President, at 713-672-9433.
Friedman Industries, Incorporated
Ben Harper, 713-672-9433
Senior Vice President
Source: Friedman Industries, IncorporatedCopyright Business Wire 2012