Profit dips for Fortune Industries

  • Comments
  • Print
Fortune Industries Inc.’s first-quarter profit fell 14 percent, to $726,000, from the year-ago quarter. The Indianapolis-based holding company for wireless technology and human resources companies attributed the drop to an increase in interest expense and stock dividends. Revenue in the period ended Nov. 30 grew 12 percent, to $40.7 million.

Please enable JavaScript to view this content.

Story Continues Below

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our updated comment policy that will govern how comments are moderated.