Wall Street Grand LLC, Which Provides its Members as well as The Stock Market Community with the Latest Hot Topics, Exclusive Information, Top Stock Picks, and Market Moving News would like to present to its readers the Latest News regarding Baldwin Technology Company Inc’s. (NYSE,AMEX:BLD) Second Quarter Earnings… Baldwin Technology Company Inc, trades on the “New York Stock Exchange” under the Stock Symbol,”BLD”. For the Latest information regarding “BLD”, make sure to visit the Most Exclusive and In Depth newsletter website at: http://www.wallstreetgrand.com/.
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Baldwin Technology Company, Inc. (NYSE Amex: BLD), a leader in process automation technology for the printing industry, reported its financial results for the fiscal second quarter ended December 31, 2009. Reports estimate net sales at $38.8 million for the second quarter, which is a 7% improvement over net sales of $36.2 million in the first quarter of fiscal 2010, and a decrease of $7.5 million from net sales of $46.3 million for the second quarter of the prior fiscal year. Currency effects increased sales by $2.9 million, or 6% from the same quarter of the prior year.
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This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act") including 2009 growth, revenue for the second quarter and year of 2009 and gross margin for the second quarter and year of 2009. Additionally, words such as "seek," "intend," "believe," "plan," "estimate," "expect," "anticipate" and other similar expressions are forward-looking statements within the meaning of the Act. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include the impact of intense competition, the continuation or worsening of current economic conditions and the condition of the domestic and global credit and capital markets.
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