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Reckoning

GLENTEL Inc. 2nd quarter earnings increase 42%


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 ------------------------------------------------------------------------- Three months ended Six months ended June 30 June 30 ------------------------------------------------------------------------- 2010 2009 2010 2009 ------------------------------------------------------------------------- Sales $78,970 $67,849 $153,755 $135,293 ------------------------------------------------------------------------- Income, before interest, taxes and amortization 7,669 5,408 12,967 10,414 ------------------------------------------------------------------------- Operating income, before interest and taxes 5,747 3,897 9,158 7,410 ------------------------------------------------------------------------- Net income $3,761 $2,644 $6,088 $5,060 ------------------------------------------------------------------------- Basic net income per share $0.34 $0.24 $0.55 $0.47 ------------------------------------------------------------------------- Diluted net income per share $0.34 $0.24 $0.54 $0.46 ------------------------------------------------------------------------- 

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