LGL Group, Inc. Reports Third Quarter 2012 Financ
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Posted On: 11/13/2012 4:24:12 AM
LGL Group, Inc. Reports Third Quarter 2012 Financial Results
The LGL Group, Inc. Reports Third Quarter 2012 Financial Results.
ORLANDO, FL, November 12, 2012 – The LGL Group, Inc. (NYSE Amex: LGL) (the “Company”), announced results for the three and nine months ended September 30, 2012.
Total revenues for the three months ended September 30, 2012, were approximately $7,307,000, a decrease of 24.1% compared to revenues of $9,629,000 for the comparable period in 2011. The Company reported a net loss of ($314,000), or diluted loss per share of ($0.12), for the three months ended September 30, 2012, compared with net income of $91,000, or earnings per share of $0.03, for the same period in 2011.
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