AVX Corp. posts 2Q adjusted earnings of 23 cents a share

Date : 25/10/2007 @ 14:04
Source : TFN
Stock : Avx Corp (AVX)
Quote : 9.12  -0.34 (-3.59%) @ 01:00
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AVX Corp. posts 2Q adjusted earnings of 23 cents a share

        BOSTON (Thomson Financial) - AVX Corp. Thursday reported second-quarter
adjusted earnings of $39.3 million, or 23 cents a share, up slightly from $38.8
million, or 22 cents a share, a year ago.
    The mean estimate of analysts polled by Thomson Financial was for 24 cents a
share.
    The Myrtle Beach, S.C.-based electronic component manufacturer said revenue
rose 7% at $400.7 million from a year ago. Analysts had been expecting revenue
of $390.3 million. 
    The stock closed Wednesday at $16.17.

Michael Lauenger
ml/pc

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