Alpha Pro Tech, Ltd. (NYSEMKT:APT), a leading manufacturer of products designed to protect people, products and environments, including disposable protective apparel and building products, announced financial results for the three and nine months ended September 30, 2010.
Consolidated sales for the nine months ended September 30, 2010 decreased 18.6% to $33.2 million from $40.8 million in the comparable period of 2009. This decrease consisted of decreased sales in the Infection Control and Disposable Protective Apparel segments, offset primarily by increased sales in the Building Supply segment.
Net income decreased 93.1% for the three months ended September 30, 2010 to $0.2 million, compared to net income of $2.8 million for the three months ended September 30, 2009.
Basic income per share for the three months ended September 30, 2010 and 2009 was $0.01 and $0.13, respectively. Diluted income per share for the three months ended September 30, 2010 and 2009 was $0.01 and $0.12, respectively.
Alpha Pro Tech, Ltd. (APT) is the parent company of Alpha Pro Tech, Inc. and Alpha ProTech Engineered Products, Inc. Alpha Pro Tech, Inc. (APT) develops, manufactures and markets innovative disposable and limited-use protective apparel products for the industrial, clean room, medical and dental markets.
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Disclosure: "No Positions"