Masco profit slips on discontinued business
LIVONIA—Masco Corp. (NYSE: MAS), the manufacturer of home improvement and building products, reported net income of $126 million or 44 cents a share in the third quarter, down from $180 …
Whirlpool net income rises despite revenue drop
BENTON HARBOR—Whirlpool Corp. (NYSE: WHR), the world’s largest appliance maker, announced net income of $358 million or $5.57 a share for the third quarter ended Sept. 30, up from $210 …
LLamasoft reports 30% revenue gain
ANN ARBOR—LLamasoft, the Ann Arbor-based developer of supply chain modeling and design software, announced more than 30 percent growth in software subscription revenue in the first half of the year, …
OptimizeRx revenue, net income rise
ROCHESTER—OptimizeRx Corp. (NASDAQ: OPRX), a provider of digital health messaging to consumers for the pharmaceutical industry, reported net income of $406,617 or 3 cents a share, up 45 percent in …
TriMas sales, profit rise
BLOOMFIELD HILLS—The diversified manufacturer TriMas Corp. reported net income of $22 million or 48 cents a share in the second quarter ended June 30, up from $19.6 million or 43 …
Dow profit plunges on sales dip
MIDLAND—The reorganized chemical giant Dow Inc. reported net income of $75 million or 10 cents a share in the second quarter ended June 30, down from $1.33 billion or $1.78 …
Altair profit dips despite revenue rise
TROY—The Troy-based engineering technology developer Altair Engineering Inc. (Nasdaq:ALTR) reported net income of $13 million or 17 cents a share, down from $24.7 million or 34 cents a share a …
Esperion posts first profit on royalty payments, nears market for cholesterol-busting drug
ANN ARBOR—Esperion Therapeutics Inc. (NASDAQ:ESPR) has provided a development update for its lead drug candidate, bempedoic acid, and financial results for the first quarter ended March 31. “The potential of …
Lear sales, profits fall
SOUTHFIELD—Lear Corp. (NYSE: LEA), the Southfield manufacturer of automotive seating and electronics, reported net income of $229 million or $3.73 a share in the first quarter of 2019, down from …
Tax benefits, lower restructuring costs boost Whirlpool profit
BENTON HARBOR—A sharp reduction in restructuring costs and an income tax refund vs. a payment last year boosted net income for Benton Harbor-based appliance giant Whirlpool Corp. (NYSE:WHRL). Net income …