AZZ Inc. (AZZ) Reports Mixed Results for Second Quarter of Fiscal 2011
AZZ Inc. reported an increase in sales for the second quarter of fiscal 2011 compared to the same period in fiscal 2010. The company also saw a decline in net income over the same period. AZZ Inc. had sales of $99.6 million in the second quarter of fiscal 2011, ending 8/31/2010. The company reported sales of $95.2 million in the comparable period in fiscal 2010. AZZ Inc. reported net income of $9.6 million, or $0.77 per diluted share, in the second quarter of fiscal 2011. In the second quarter of fiscal 2010, the company had net income of $11.1 million,…