Alloy Steel International, Inc. (AYSI) Reports Results for Fiscal 2010
Alloy Steel International, Inc. reported large year-over-year increases in revenues and pre-tax income for the fourth quarter of fiscal 2010 as well as the full year. The company attributed the improvements to strong demand for the company’s products. Alloy Steel International, Inc. reported revenues of $8.8 million in the quarter ending September 30, 2010, compared to revenues of $4.2 million in the same period of 2009. The company’s revenues for fiscal 2010 came in at $24.5 million, triple the $8.8 million in revenues reported in 2009. Alloy Steel International, Inc. reported pretax income of $2.7 million, or $0.16 per common…