Flexible Electronics News

Brady Corporation Reports 1Q 2020 Results

Income before income taxes increased 4.2% to $41.6 million in the first quarter of fiscal 2020.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Brady Corporation reported its financial results for its fiscal 2020 first quarter ended Oct. 31, 2019. Income before income taxes increased 4.2% to $41.6 million for the quarter ended Oct. 31, 2019, compared to $39.9 million in the same quarter last year. Net income for the quarter increased 22.4% to $37.5 million compared to $30.6 million in the same quarter last year. Sales for the quarter ended Oct. 31, 2019 decreased 2.1%, which consisted of an organic sales decline of 0.4% and a decrease...

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