Loading articles...

Natuzzi: Q1 Earnings Snapshot

Last Updated May 21, 2021 at 2:44 pm MDT

SANTERAMO IN COLLE, Italy (AP) _ Natuzzi SpA (NTZ) on Friday reported first-quarter net income of $7.4 million, after reporting a loss in the same period a year earlier.

The Santeramo In Colle, Italy-based company said it had net income of 66 cents per share.

The furniture maker posted revenue of $122.4 million in the period.

Natuzzi shares have risen 28% since the beginning of the year. In the final minutes of trading on Friday, shares hit $16.01, climbing twenty-twofold in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NTZ at https://www.zacks.com/ap/NTZ

The Associated Press