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    Metalico Earnings Surge on Outstanding First Quarter

    Investing News Network
    Apr. 28, 2011 05:20AM PST
    Precious Metals

    Metalico, Inc. (AMEX:MEA) reports earnings of $0.19 per share and net income of $8.8 million for the first quarter.

    Metalico, Inc. (AMEX:MEA) reports earnings of $0.19 per share and net income of $8.8 million for the first quarter.

    The press release is quoted as saying,

    The Company posted sales of $182 million for the quarter ended March 31, 2011, compared to $134.1 million for the comparable 2010 quarter when it reported net income of $3.5 million or $0.08 per share. All per-share calculations are on a diluted basis.

    For the complete press release, click here.

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