Lakeland Industries Swings to Fiscal Q1 Earnings, Revenue Rises; Shares Gain After Hours

MT Newswires Live

06/10

Lakeland Industries (LAKE) reported fiscal Q1 net income late Tuesday of $0.04 per diluted share, swinging from a loss of $0.41 a year earlier.

Four analysts polled by FactSet expected a loss of $0.16.

Revenue for the quarter ended April 30 was $47.4 million, up from $46.7 million a year earlier.

Four analysts polled by FactSet expected $47.4 million.

Shares rose more than 16% in recent after-hours activity.

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