Brief: Alpha Pro Tech Posts Q4 EPS Of $0.03

Alpha Pro Tech

26/02/2020 12:44

Feb 26 (Reuters) - Alpha Pro Tech Ltd  APT.A :
    * ALPHA PRO TECH, LTD. ANNOUNCES FINANCIAL RESULTS FOR THE
FOURTH
QUARTER AND YEAR ENDED DECEMBER 31, 2019
    * Q4 EARNINGS PER SHARE $0.03
    * Q4 SALES FELL 0.4 PERCENT TO $10.9 MILLION
    * EXPECT GROSS PROFIT MARGIN TO STABILIZE AND BE IN
MID-TO-HIGH
THIRTY PERCENT RANGE FOR 2020
    * ALPHA PRO -2020 ESTIMATE FOR GROSS PROFIT MARGIN EXCLUDES
GROSS
MARGIN IMPROVEMENT THAT MAY RESULT FROM RAISED SALE OF N-95 FACE
MASK DUE TO COVID-19

Source text for Eikon:  ID:nGNX2tQgW6 
Further company coverage:  APT.A 

 ((Reuters.Briefs@thomsonreuters.com;))