Home > Finance and Investments, General Business News > EnerSys 1st-quarter Net Income Jumps 46 Percent

EnerSys 1st-quarter Net Income Jumps 46 Percent

Industrial battery maker EnerSys said Wednesday its first-quarter net income rose 46 percent as sales improved across all regions including Europe, the Americas and Asia, outpacing commodity costs.

But the company offered a weak second-quarter forecast and its shares tumbled in extended trading.

EnerSys posted net incomefor the quarter ended July 3 of $33.5 million, or 66 cents per share, up from $23 million, or 47 cents, per share last year.

via EnerSys 1st-quarter net income jumps 46 percent – Business – Personal finance – Earnings – msnbc.com.

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