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Kaman reports its first quarter financial results

New York, USA - Losses for over 3 USdm reported

Kaman Corp. reported first quarter earnings per share of 24 cents on a diluted basis, compared to 38 cents per share diluted a year ago. Net earnings were $5.3 million, compared to $8.7 million the previous year. The company attributed the earnings decline compared to a year ago primarily due to weakness in the nation's manufacturing base, which adversely impacted the company's industrial distribution...

AVIONEWS - World Aeronautical Press Agency - 26604

AVIONEWS - World Aeronautical Press Agency
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