Earnings roundup: Drew Industries, Hain Celestial
By
Associated Press
May 5, 2008
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Among the earnings stories for Monday, May 5, from AP Financial News:
WHITE PLAINS, N.Y. (AP) _ Drew Industries Inc. said Monday its first-quarter profit dipped 5 percent on a decline in recreational vehicle industry production, but results managed to top analysts' estimates.
MELVILLE, N.Y. (AP) _ Hain Celestial Group Inc., which makes natural and organic food and personal care products, said Monday its third quarter profit dropped 33 percent due to one-time expenses and costs.
HACKENSACK, N.J. (AP) _ Information technology company Ness Technologies Inc. said Monday its first-quarter profit rose 17 percent on strong European sales.
PORTLAND, Ore. (AP) _ Portland General Electric Co. said Monday costlier natural gas offset higher deliveries to reduce first-quarter profit 49 percent, missing analyst estimates.
BRIDGEWATER, N.J. (AP) _ Pharmaceutical and veterinary medicine manufacturer Alpharma Inc. said Monday its first-quarter profit increased more than tenfold as sales jumped on the launch of the Flector pain patch.
STAMFORD, Conn. (AP) _ Telecom service provider Citizens Communications Co. said Monday its first-quarter profit dropped 33 percent, weighed down by increased operating expenses.