Rochester,NY 8/14/2009 10:01:53 PM
Force Protection, Inc., FRPT - Force Protection, Inc. Big Loser
Force Protection, Inc.
Force Protection second quarter profit of a penny per share has been announced, and compares to last year earnings of 12 cents per share in the same quarter. Net sales were down 45 percent.
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The company is disappointed with its second quarter financial results said by CEO Michael Moody, but progress is being made toward transforming the business. Shares dropped about 18 and a half percent in early trading Tuesday.
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