Rimage Corporation (Nasdaq: RIMG) today reported sales of $33,650,000 for the third quarter of 2007 ended September 30, an increase of 36% from $24,777,000 in the year-earlier period. Third quarter earnings were $6,203,000 or $0.59 per diluted share, up 40% from $4,441,000 or $0.43 per diluted share in the third quarter of 2006. Both sales and earnings were substantially above the previously-issued financial guidance for this period.
Rimage also reported that its board of directors has authorized the repurchase of an additional 500,000 shares of common stock. This new program replaces the completed share repurchase program that was adopted
Rimage also reported that its board of directors has authorized the repurchase of an additional 500,000 shares of common stock. This new program replaces the completed share repurchase program that was adopted
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