Quality apparel maker Delta Galils' revenues rise in Q3
08 Nov '06
3 min read
Net income for the first nine months of 2006 was $2.7 million, or $0.15 diluted earnings per share, compared to a loss of $28.7 million, or $1.54 diluted loss per share, reported in the same period of last year.
Net income for the first nine months of 2006 was $4.4 million, or $0.24 diluted earnings per share, compared to a loss of $7.9 million, or $0.42 diluted loss per share, reported in the first nine months of 2005, which excluded reorganization expenses and impairment of assets.
The Company had positive operating cash flow of $4.8 million in the quarter, compared to positive operating cash flow of $9.2 million in the third quarter of last year.
Operating cash flow for the first nine months was positive $15.6 million, compared to positive operating cash flow of $0.4 million achieved in the first nine months of 2005.