Strongco Reports 100% Increase in Q1 2012 Net Income

Strongco reported earnings before income taxes of $1.7 million compared to $661,000.

May 10, 2012

Strongco Corporation reported financial results for the three months ended March 31, 2012.

        --  Total revenues increased by 11% to $96.8 million
        --  Gross margin percentage of 20.0% compared to 19.4%
        --  EBITDA increased by 18% to $8.0 million
        --  Earnings before income taxes of $1.7 million compared to $661,000
        --  Net income of $1.2 million compared to $598,000
        --  Earnings per share of $0.09 compared to $0.05

For more about Strongco's first quarter results...

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