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Skyline’s Q3 Balance Sheet Improves

skyline_manufactured_homeFrom Elkhart, Indiana insurancenewsnet informs MHProNews Skyline Corp. reports net sales from continuing operations for fiscal Q3 2015 increased 26 percent to $38,109,000 from $30,169,000.

The company reported net loss from continuing operations fell from $3,906,000 a year ago in Q3 to $2,911,000. The net loss from discontinued operations dropped from $1,806,000 in the same quarter last year to $86,000.

In the year ago quarter the net loss equaled $5,712,000 or $0.68 per share as opposed to $2,997,000 or $0.36 share in the most recent third quarter. 

Skyline produces manufactured and modular homes and recently spun off its recreational vehicle division to Evergreen RV. ##

(Image credit: Skyline Manufactured Homes)

matthew-silver-daily-business-news-mhpronews-com  Article submitted by Matthew J. Silver to Daily business News-MHProNews.

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