Somero Posts Profit
Somero Enterprises swung to a profit in the half year-end.
Somero posted a pretax income of $0.91 million for the period, versus a year-ago loss of $1.51 million. Its revenue rose to $16.1 million, from $10.4 million.
Somero's operating income came in at $1.13 million, versus a year-ago loss of $1.33 million. Its adjusted earnings before interest, tax, depreciation and amortization (EBITDA) came in at $2.5 million.
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