Bolt Technology Corp. (Nasdaq:BOLT) announced financial results for the fourth quarter and the fiscal year ended June 30, 2011. Sales for the fourth quarter of fiscal year 2011, the three months ended June 30, 2011, were $10,819,000 compared to $9,880,000 for the fourth quarter of fiscal year 2010. Net income for the quarter was $1,386,000 ($0.16 per share) compared to $1,634,000 ($0.19 per share) for the fourth quarter of fiscal year 2010. For the fiscal year ended June 30, 2011, sales amounted to $38,858,000 compared to $31,485,000 last fiscal year. Net income for the year amounted to $5,527,000 ($0.65 per share) compared to $4,954,000 ($0.58 per share) last year.
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August 20th, 2011 at 12:53 pm