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RR1:AU
Rights Issue and Shortfall
Intrepid Potash Q1 beats Street
May. 05, 2010 10:43AM PST
Potash InvestingFertilizer maker Intrepid Potash Inc (IPI.N) reported a first-quarter profit that edged past analysts’ estimates, helped by higher sales volumes, sending shares up 3 percent in trading after the bell.
Fertilizer maker Intrepid Potash Inc (IPI.N) reported a first-quarter profit that edged past analysts’ estimates, helped by higher sales volumes, sending shares up 3 percent in trading after the bell.
The press release is quoted as saying:
For the latest first quarter, net income was $11.8 million, or 16 cents a share, compared with $24.7 million, or 33 cents a share, last year.
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