Shaw Reports First Quarter Fiscal Year 2010 Financial Results
Thursday, Jan 07, 2010
The Shaw Group Inc. (NYSE: SHAW) today reported quarterly net income of $48.6 million, or $0.57 per diluted share, excluding the Westinghouse segment for the three months ended Nov. 30, 2009. Results including the Westinghouse segment, which include non-operating, non-cash foreign exchange translation losses, were a net loss of $20.5 million, or $0.25 per diluted share.In comparison, the results for the first quarter of fiscal year 2009 excluding the Westinghouse segment were net income of $62.8 million, or $0.75 per diluted share, and including the Westinghouse segment were a net loss of $39.9 million, or $0.48 per diluted share.
Source: Shaw Group
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