by Archana Subramaniam by CNB
Roanoke Times Copyright (c) 1995, Landmark Communications, Inc. DATE: WEDNESDAY, January 29, 1992 TAG: 9201290046 SECTION: BUSINESS PAGE: A-9 EDITION: METRO SOURCE: DATELINE: LENGTH: Short
REPORTED EARNINGS
Cooper IndustriesCooper Industries Inc., the Houston-based parent of Gardner-Denver Mining and Construction of Roanoke, reported Tuesday that its net income rose last year to $393.2 million, or $3.01 a fully diluted share, up 8.8 percent from $361.4 million, or $2.81 a fully diluted share, in 1990. Revenues were down 1 percent to $6.16 billion from $6.22 billion.
For the fourth quarter, net income rose 10.5 percent to $120.6 million on revenues that were down 6 percent to $1.6 billion. In the 1990 quarter, net income was $109.1 million on revenues of $1.7 billion.