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EVI Industries, Inc. Announces Fall In Q2 Income

EVI Industries, Inc. (EVI) reported a profit for second quarter that decreased from last year

The company's earnings came in at $1.341 million, or $0.09 per share. This compares with $2.224 million, or $0.15 per share, in last year's second quarter.

The company's revenue for the quarter rose 10.6% to $91.364 million from $82.638 million last year.

EVI Industries, Inc. earnings at a glance (GAAP) :

-Earnings (Q2): $1.341 Mln. vs. $2.224 Mln. last year.
-EPS (Q2): $0.09 vs. $0.15 last year.
-Revenue (Q2): $91.364 Mln vs. $82.638 Mln last year.

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All eyes were on the U.S. Federal Reserve this week as the bank announced its latest policy decision. Find out the signals given out by Chair Jerome Powell regarding the future path of interest rates. Some key data on the U.S. private sector economy were also released. Other main news included the flash estimates of first quarter GDP from Eurozone. Elsewhere, the Paris-based think tank OECD released its latest round of macroeconomic projections for the global economy.

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