Looks Like A KeeperI bought this one earlier this week for a quick flip based on the results. The results are MUCH better than I anticipated. I might just hold on to this one for a while.
Newpark Resources, Inc. today announced results for its third quarter ended September 30, 2008. Total revenues were $211.6 million for the third quarter of 2008 compared to $153.8 million for the third quarter of 2007. The Company reported income from continuing operations of $11.7 million, or $0.13 per diluted share, compared to $7.6 million, or $0.08 per diluted share, in the third quarter of 2007. Net income was $10.4 million, or $0.12 per diluted share, compared to $7.4 million, or $0.08 per diluted share, in the third quarter of 2007.