11:45 PM New York Electronics For Imaging second-quarter net plunged 47%. Urstadt Biddle Properties third-quarter net plunged 17% but revenues soared 7%.
Tollbooth Index jumped 102.75 or 0.8% to 12,497.60.
Electronics For Imaging, Inc
), the digital printing services provider reported revenues in the second-quarter ending in June increased 1% from a year ago to $247 million.
Net income in the quarter plunged 47% to $2.8 million or 6 cents per diluted share from $5.2 million or 11 cents in the same quarter last year.
We expect this momentum to continue into the second half of the year, with reaffirmed record third-quarter revenue, said chief executive officer Guy Gecht.
Urstadt Biddle Properties Inc
), the commercial real estate developer said revenues in the third-quarter ending in July advanced 6.9% from a year ago to $90.8 million.
Net income in the quarter plunged 16.7% to $6.1 million or 16 cents per diluted share from $5 million or 15 cents in the same quarter last year.