LMI Aerospace first quarter loss reflects continuing start-up costs
Despite a 9.1% year-over-year increase in sales for the first quarter of 2000, from $13.5 million to $14.8 million, LMI Aerospace Inc. posted a net loss of $181,000 or $0.02 per diluted share for the period. LMI recorded net income of $815,000, of $0.10 a share in the first quarter of 1999. "While...
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