Electrical products manufacturer reports 37 percent revenue increase

Net income for the quarter increased 16% to $2.1 million, or 42 cents per diluted share, compared to net income of $1.8 million, or 37 cents per diluted share, in last year’s fiscal third quarter. Backlog for the Manufactured Products Segment at the end of the quarter was $34.1 million.

NEW HAVEN, Conn.–(BUSINESS WIRE)–Dec. 19, 2000–UIL Holdings Corporation today affirmed its estimate for 2001 earnings at $4.05-$4.25 per share. In addition, at its regularly scheduled meeting yesterday, UIL Holdings Corporation’s Board of Directors approved the capital and expense budgets for 2001.

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