Michael Baker Corp. reports increase in profits

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Michael Baker Corp. reports increase in profits

By The Tribune-Review

1 Min Read • Aug. 13, 2008 | 18 years Ago

| Wednesday, August 13, 2008 12:00 a.m.

Michael Baker Corp. reported a 35.7 percent increase in second-quarter profits, even though its revenue slumped by 8 percent. The Moon-based company recorded net income of $8.3 million, or 93 cents a share, up from $6.1 million, or 69 cents one year ago. Revenue during the period totaled $170.9 million, down from $185.8 million one year ago.

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