NEW YORK (AP) _ Presidio Inc. (PSDO) on Wednesday reported fiscal first-quarter net income of $24 million.
On a per-share basis, the New York-based company said it had profit of 28 cents. Earnings, adjusted for non-recurring costs and stock option expense, came to 53 cents per share.
The information technology company posted revenue of $772 million in the period.
Presidio shares have increased 27% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $16.56, an increase of 22% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PSDO at https://www.zacks.com/ap/PSDO
Automated Insights, source Associated Press News