Flexible Electronics News

Brady Corporation Reports Fiscal 2Q 2016 Results

Notes organic revenue growth of 0.4%, net cash provided by operating activities of $27.9 million for the quarter.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Brady Corporation reported its financial results for its fiscal 2016 second quarter ended Jan. 31, 2016.   Net earnings for the quarter ended Jan. 31, 2016 were $15.3 million, compared to $11.6 million in the same quarter last year. Earnings per diluted Class A Nonvoting Common Share were $0.30 for the second quarter, compared to $0.23 in the same quarter last year.   Sales for the quarter ended January 31, 2016, decreased 5.0% to $268.6 million compared to $282.6 million in the second quart...

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