Thursday, October 22, 2009

Cybex Announces Third Quarter Results

http://www.earthtimes.org/articles/show/cybex-announces-third-quarter-results,1006958.shtml

"Cybex International, Inc. (NASDAQ: CYBI), a leading manufacturer of premium exercise equipment for the commercial and consumer markets, today reported results for its third quarter ended September 26, 2009. Net sales for the third quarter of 2009 were $29.0 million compared to $35.8 million for the corresponding 2008 period. The Company reported net income for the third quarter of 2009 of $0.1 million, or $0.00 per diluted share, compared to $0.3 million, or $0.02 per diluted share, reported for the corresponding 2008 period. For the nine months ended September 26, 2009, net sales decreased to $85.7 million compared to $108.7 million for 2008. The loss for the nine months ended September 26, 2009 was $3.4 million, or $0.20 per diluted share, compared to net income of $1.8 million, or $0.10 per diluted share, for 2008.”

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