Product category: UPSs
News Release from: American Power Conversion
Edited by the Electronicstalk Editorial Team on 22 February 2002
American Power Conversion figures down
but bullish
American Power Conversion (APC) has reported financial results for the fourth quarter and full year ended 31st December 2001.
American Power Conversion (APC) has reported financial results for the fourth quarter and full year ended 31st December 2001 Revenues for the fourth quarter 2001 were $348.1 million, a decrease of 15% from $407.3 million for the fourth quarter 2000
This article was originally published on Electronicstalk on 16 Jul 2001 at 8.00am (UK)
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Net income for the fourth quarter 2001 was $30.9 million ($0.16 per share) down 20% versus $38.4 million ($0.20 per share) in the fourth quarter 2000.
Revenues for the twelve months ended 31st December 2001 were $1.43 billion, down 3% from $1.48 billion in 2000.
Net income for the year 2001 was $115.2 million ($0.59 per share) versus $165.7 million ($0.83 per share) in 2000.