16
Feb
22:05
Friedman Industries sees margin improvement in fiscal Q3
Houston, Texas-based pipe maker and coil distributor Friedman Industries Inc saw a year-on-year uptick in its fiscal third-quarter earnings despite falling sales, Kallanish learns from a company release.
Friedman posted net earnings in the quarter ended December 31 of $485,120 on sales of about $18.55 million. In fiscal Q3 2014, Friedman posted net earnings of $187,643 on sales of $23.55m.
In a filing with the US Securities and Exchange Commission, Friedman c…
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