Circuits Assembly Online Magazine - LaBarge’s Sales Up 26% YoY

News

ST. LOUIS – LaBarge, Inc. today reported fiscal 2007 third quarter sales were $59.6 million, up 26% year-over-year. Third-quarter profit increased 23% to $2.8 million, compared to $2.3 million last year.

For the nine months ended Apr.1, sales were $170.3 million, up 26% from $135 million year-over-year. Profit for this period increased 21% to $8.5 million.

During the third quarter, shipments to defense customers were the largest contributor to revenues, accounting for 39% of sales, versus 38% in the fiscal third quarter of 2006.