UPDATE: Met-Pro Q1 Profit Drops 82%
June 06, 2013 at 09:06 AM EDT
Met-Pro (NYSE: MPR ) reported an 82% drop in its fiscal first-quarter profit. Met-Pro's quarterly profit fell to $0.2 million, or $0.02 per share, from $1.26 million, or $0.09 per share, in the year-ago period. Its sales declined 13% to $22 million. However, analysts were expecting earnings of $0.14 per