MILWAUKEE (AP) _ Brady Corp. (BRC) on Thursday reported fiscal first-quarter profit of $39.4 million.
On a per-share basis, the Milwaukee-based company said it had net income of 79 cents. Earnings, adjusted for amortization costs, came to 84 cents per share.
The identification and security products maker posted revenue of $322.6 million in the period.
Brady expects full-year earnings in the range of $3.30 to $3.60 per share.
Brady shares have dropped 11% since the beginning of the year. The stock has decreased 11% in the last 12 months.
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