Tuesday, 24 July 2007

UPDATE 1-Ceradyne profit rises on stronger sales

(Reuters) - Ceradyne, which makes ceramic plates for body armor worn by
U.S. troops in Iraq, said quarterly net profit rose to $38.3
million, or $1.38 per share, from $29.1 million, or $1.07, a
year ago.




Earnings per share were boosted by a lower-than-expected
share count, tacking on 4 cents per share, Citigroup analyst
Ferat Ongoren said in a note.


Read more at Reuters.com Market News

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