Skyline: Fiscal 1Q Earnings Snapshot
ELKHART, Ind. (AP) _ Skyline Corp. (SKY) on Wednesday reported fiscal first-quarter net income of $17.4 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Elkhart, Indiana-based company said it had profit of 31 cents. Earnings, adjusted for non-recurring costs and costs related to mergers and acquisitions, were 35 cents per share.
The manufactured and modular housing maker posted revenue of $371.9 million in the period.
Skyline shares have risen 94% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $28.49, a rise of 11% in the last 12 months.