DUBUQUE, Iowa (AP) _ Flexsteel Industries Inc. (FLXS) on Monday reported fiscal second-quarter net income of $8.5 million, after reporting a loss in the same period a year earlier.
The Dubuque, Iowa-based company said it had net income of $1.13 per share. Earnings, adjusted for one-time gains and costs, came to 79 cents per share.
The furniture maker posted revenue of $119.1 million in the period.
Flexsteel shares have increased nearly 7% since the beginning of the year. In the final minutes of trading on Monday, shares hit $37.36, a climb of 89% in the last 12 months.
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