ST. LOUIS -- LaBarge Inc. today announced net sales will
be approximately $39.6 million, down 9.2% from $43.6 million a year ago.
For its fiscal 2006
first quarter, ended Oct. 2, net earnings are expected to be $0.12 to
$0.13 per diluted share, compared with $0.15 per diluted share in the
comparable period a year ago.
The results would be consistent with previous guidance. In its earlier
guidance, the company forecast sales of $41 million to $42 million,
and diluted earnings per share of $0.12 to $0.13.
Profit margins
improved during the quarter. Sales fell below projections because of several customers rescheduling shipments.