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ALJ
ALJ Releases Second Quarter Revenue Performance
April 24th, 2009
For the six months ended March 31, 2009, ALJ (Pink Sheets: ALJJ) posted revenue of $66.5 million as compared to revenue of $82.33 million for the six months ended March 31, 2008. For the three months ended March 31, 2009, ALJ posted revenue of $26.5 million as compared to revenue of $44.90 million for the three months ended March 31, 2008. According to John Scheel, ALJ's Chief Executive Officer, "The revenue for the first half and second quarter Fiscal 2009 are down 19% and 41% from the comparable periods in Fiscal 2008 and sales volumes for the same periods are off by 30% and 44%, respectively, which we believe reflects the industry-wide reduction in demand for steel...
Source: Health Business Week (2009-04-24)
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