Kaman: 2Q Earnings Snapshot
BLOOMFIELD, Conn. (AP) _ Kaman Corp. (KAMN) on Wednesday reported second-quarter net income of $13.5 million.
The Bloomfield, Connecticut-based company said it had profit of 48 cents per share. Earnings, adjusted for one-time gains and costs, were 16 cents per share.
The industrial distribution aircraft components company posted revenue of $174.7 million in the period.
Kaman expects full-year revenue in the range of $740 million to $760 million.
Kaman shares have risen 13% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $63.41, a decrease of 4% in the last 12 months.