RadioShack Corporation Announces Earnings Per Share Of $0.30 For The First Quarter 2008

Franchising.com:

RadioShack Corporation today announced reported net income of $38.8 million, or $0.30 per diluted share, for the quarter ended March 31, 2008.

Net income for the quarter ended March 31, 2007, was $42.5 million, or $0.31 per diluted share. First quarter 2007 net income was positively impacted by a $14 million benefit to gross profit associated with the recapture of federal telecommunication excise tax and negatively impacted by an $8.5 million charge related to employee separations.

These items increased earnings per share in the March 2007 quarter by $0.02.

Revenue… continue reading.