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Lakeland Industries (LAKE) Reports Q1 EPS of $1.08, Revenues Surge 85%

June 9, 2020 4:14 PM EDT

Lakeland Industries (NASDAQ: LAKE) reported Q1 EPS of $1.08, versus ($0.06) reported last year. Revenue for the quarter came in at $45.6 million, versus $24.7 million reported last year.

  • - Revenues Increase 85% to $45.6 Million as Net Income Jumps to $8.6 Million, Both Record Levels;
  • - Performance Driven by COVID-19 Demand as Manufacturing Capabilities and Operating Leverage Magnified;
  • - Company Ends Quarter with Cash Increasing $8.9 Million to $23.5 Million

For earnings history and earnings-related data on Lakeland Industries (LAKE) click here.



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