Revenue for the first quarter 2010 was $84.5 million, up from the $76.4 million reported in the fourth quarter 2009, reflecting increased customer demand across all product lines, according to the release. Revenue for the first quarter 2009 was $101.4 million.
Gross profit for the first quarter 2010 was $17.0 million, up 21.4 percent on a sequential basis from the $14.0 million reported in the fourth quarter 2009. Gross profit for the first quarter 2009 was $24.6 million, according to the release.
Operating income for the first quarter 2010 was $3.9 million, up from fourth quarter 2009 operating income of $1.2 million and compared to $11.2 million for the first quarter 2009. Net income for the first quarter 2010 was $1.6 million, up from $0.6 million for the fourth quarter of 2009 and compared to $6.9 million for the first quarter of 2009, according to the release.
Read the release on Symmetry’s first quarter results.
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