India, June 25 -- Steelcase Inc (SCS) released earnings for its first quarter that increased from last year and beat the Street estimates.
The company's earnings came in at $13.6 million, or $0.11 per share. This compares with $10.9 million, or $0.09 per share, last year.
Excluding items, Steelcase Inc reported adjusted earnings of $0.20 per share for the period.
Analysts on average had expected the company to earn $0.13 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 7.1% to $779.0 million from $727.3 million last year.
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Steelcase Inc earnings at a glance (GAAP) :
-Earnings: $13.6 Mln. vs. $10...