Knoll: 4Q Earnings Snapshot
EAST GREENVILLE, Pa. (AP) _ Knoll Inc. (KNL) on Wednesday reported fourth-quarter net income of $24.5 million.
The East Greenville, Pennsylvania-based company said it had profit of 50 cents per share. Earnings, adjusted for non-recurring costs, came to 57 cents per share.
The workplace furniture and textile maker posted revenue of $354.6 million in the period.
For the year, the company reported profit of $73.2 million, or $1.49 per share. Revenue was reported as $1.3 billion.
Knoll shares have risen 24 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $20.41, a drop of almost 1 percent in the last 12 months.