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0.129032258064516 0.129032258064516 0.129032258064516 0.129032258064516 0.129032258064516 -0.0258064516129032 0.0154838709677419 0.0154838709677419
Stock impact report

Trio-Tech Third Quarter Net Income is $0.19 Per Share Versus Loss

Trio-Tech International (TRT) 
NASDAQ:AMEX Investor Relations: triotech.com/ind_rel.htm
Company Research Source: Business Wire
VAN NUYS, Calif.--(BUSINESS WIRE)-- Trio-Tech International (NYSE MKT: TRT) today announced financial results for the third quarter and first nine months of fiscal 2019. Third Quarter Results Net income for the third quarter of fiscal 2019 ended March 31, 2019 was $683,000, or $0.19 per diluted share. This compares to a net loss of $739,000, or $0.20 per share, for the third quarter of fiscal 2018. Net income for the fiscal 2019 third quarter benefitted from $739,000 in other income, which included a gain of $685,000 on the sale of assets previously held for sale. In comparison, other income contributed a gain of $47,000 for last year’s third quarter. Net income for the third quarter of fiscal 2018 also was affected by a one-time, non-cash income tax expense of $900,000 related to the 2017 United States Tax Cuts and Jobs Act, which requires a mandatory one-time repatriation of certain ear Show less Read more
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