Business
First Quarter Earnings - March 31, 2008
First Quarter Earnings - March 31, 2008.
About this update from Acmat Corp.
[{"type":"text","content":"PRESS RELEASE\t\t May 30, 2008\n\n\nACMAT Corporation\t\tFor confirmation call:\n233 Main Street\t \tHenry W. Nozko, Jr., President\nP.O. Box 2350\t\t (860) 229-9000\nNew Britain, CT 06050-2350\t\t\n\t\t\n\n\tACMAT REPORTS FIRST QUARTER EARNINGS\n\t\n\n\t\tThree Months Ended March 31,\n\t 2008\t 2007\n\n\nRevenues \t $3,835,420\t 5,519,488\n\nNet Earnings\t 545,068\t 1,072,837\n\nBasic Earnings Per Share\t$.31\t .56\n\nDiluted Earnings Per Share\t$.28\t .53\n\t\t\n\nACMAT Corporation reported net earnings of $545,068 or basic earnings per share of $.31 for the quarter ended March 31, 2008 compared with $1,072,837 or basic earnings per share of $.56 in 2007.\n\nFor the quarter ended March 31, 2008, the Company recorded revenues of $3,835,420 compared with $5,519,488 for the same period in 2007.\n\nACMAT provides design and construction services to commercial, industrial, corporate and institutional customers. ACMAT focuses on renovating interiors of existing facilities, as well as new building construction.\n\nACMAT's Insurance subsidiary, ACSTAR Insurance Company is licensed nationwide and provides surety bonds for prime contractors, specialty trade, environmental remediation and asbestos abatement contractors. ACSTAR also provides miscellaneous surety and some general liability insurance.","length":1402,"tagName":"div"}]