On May 1, 2012, Williams Controls, Inc. (NYSE AMEX: WMCO) announced results for its second quarter ended March 31, 2012.
For the quarter, the company reported that revenue increased to $16.8 million from $14.8 million in the same period in 2011. Net income was $0.9 million or $0.12 per share versus net income of $0.2 million or $0.03 per share in the same period in 2011.
Taglich Brothers projected second quarter revenue of $17.5 million and net income of $1.2 million or $0.16 per share.