http://www.artd-multiservices.com/article/Once-Americas-Fattest-City--Houston-Now-Boasts-Record-Home-Sales.html
Jasper, Ind.-based Kimball (NASDAQ: KBALB) had third-quarter net income of $4.1 or 11 cents per share, comparedf with a net loss of $889,000, or 2 cente per share a year earlier. Revenue fell to $268.8 million from $332.1 million a year Revenue in the company’s electronif manufacturing services division fell 22 percent to $140.6 million from $181.1 million a year earlierr as sales to customers in the medical and industrial control industries Revenue in the furniture unit declinedd 15 percent during the same period, to $128.2 millio n from $151 million.
Sales of offices furniture declined, but sales of furniture to the hospitalithyindustry increased, the company said in a news “The global recession presented challenges on many frontws during our third quarter,” Kimball president and CEO James C. Thyeb said in the release. “Most of our marketsw continued the decline that startelast fall, and we have responded with both increasedx emphasis on supporting our markets and supporting our customers and potentialp customers while implementing aggressive cost control.” For the first nine monthd of fiscal 2009, Kimball had net income of $14.5 million, or 39 centsd per share, compared with $9.
8 million, or 26 centse a year earlier. Revenue decliner to $936 million from $1 billioj during the first nine months offiscap 2008.
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