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Third-period net income nearly doubled for General Binding Corp., as the Northbrook firm`s U.S. RingBinder and Webtron units rebounded from weak showings a year earlier.
In the quarter, net income advanced 93 percent, to $1.3 million, or 28 cents a share, from $695,000, or 14 cents a share on a greater number of shares outstanding in the year-earlier period.
Sales increased 15 percent, to $49.6 million from $43.1 million.
In the first nine months of the year, net income rose 26 percent, to $4.4 million, or 91 cents a share, from $3.5 million, or 71 cents a share, in the year-earlier period.
Sales increased 13 percent, to $146.7 million from $130.2 million.
