George Risk Industries, Inc. Reports Earnings Results for the Second Quarter Ended October 31, 2019
December 20, 2019 at 12:21 pm EST
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George Risk Industries, Inc. announced earnings results for the second quarter ended October 31, 2019. For the second quarter, the company announced sales was USD 3.710 million compared to USD 3.667 million a year ago. Operating income was USD 946,000 compared to USD 886,000 a year ago. Net income was USD 864,000 compared to USD 768,000 a year ago. Basic earnings per share was USD 0.17 compared to USD 0.15 a year ago. For the half year, sales was USD 7.263 million compared to USD 7.096 million a year ago. Operating income was USD 1.855 million compared to USD 1.659 million a year ago. Net income was USD 1.729 million compared to USD 1.386 million a year ago. Basic earnings per share was USD 0.35 compared to USD 0.28 a year ago.
George Risk Industries, Inc. is a manufacturer of electronic components. The Company is engaged in the designing, manufacturing, and sale of custom computer keyboards, proximity switches, security alarm components and systems, pool access alarms, EZ Duct wire covers, water sensors, electronic switching devices, high security switches and wire and cable installation tools. Its segments include security alarm products, cable & wiring tools and other products. It also designs and manufactures a range of professional specialty tools for wire and cable installation, which include installation, staging, vision and testing tools; drilling and cutting tools; specialty wire running, pushing and pulling systems; FiberFuse Wire Running Rods & Kits, and spanning and retrieval tools. Its security products are used in alarm system installations in the residential, commercial, industrial, and government sectors. Its specialty services include private labeling and custom manufacturing services.
GEORGE RISK INDUSTRIES, INC. 
