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Earnings Analysis: 
EMC Insurance Group Profit Falls 40%
Author: 123jump.com Staff
123jump.com
Last Update: 2:06 PM EST February 22 2007



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Patterson third-quarter profit and revenue rose, but weak dental equipment sales disappointed Wall Street. EMC Insurance Group reported a fourth-quarter net income fall 40% on 2.7% lower revenue. ICT Group fourth-quarter earnings rose 31% as call volume rose sharply. Spectranetics swung to a fourth-quarter loss from year-ago profit, as legal costs and weakness in laser product sales offset gains in company’s disposable product segment.

 

 

 

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