Blount posts Q3 profit of $11.3M, beats expectations

11/4/2009 | Reuters

Improved customer demand helped outdoor-products maker Blount International report profits that exceeded analysts' expectations. The company posted net income of 23 cents a share, or $11.3 million, in the third quarter, down from $14.8 million in the prior year. Analysts had expected earnings of 18 cents a share.

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