AZZ Q3 2015 revenues $224.8 million
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Net income for the third quarter was $20 million, or $0.77 per diluted share, compared to net income of $18.4 million, or $0.72 per diluted share, for the same quarter last year.
AZZ's backlog at the end of Q3 2015 was $300.3 million, compared to $290 million at the end of Q3 2014.
AZZ's backlog at the end of the third quarter of fiscal 2015 was $300.3 million, compared to $290.0 million at the end of the third quarter of fiscal 2014. Incoming orders for the third quarter of fiscal 2015 were $196.1 million while revenue for the quarter totaled $224.8 million, resulting in a book to ship ratio of 0.87.
For purposes of comparison, for the third quarter of fiscal 2014 incoming orders were $193.7 million resulting in a book to ship ratio of 0.98 for that period. Revenues for AZZ's Energy Segment for the third quarter of fiscal 2015 were $130.1 million when compared with $112 million for the same quarter last year, an increase of 16.1 percent. This increase was primarily attributable to the strong backlog which shipped during the quarter. ■