Fargo ElectronicsÃ¢â‚¬â„¢ second quarter earnings slightly up
July 29, 2004
MINNEAPOLIS - Fargo Electronics experienced a slight increase of revenue for the second quarter, which ended June 30, compared to the same time period a year prior.
The company reported $17,545,000 in net sales for the quarter, up $1,053,000 from the second quarter of last year. The companyÃ¢â‚¬â„¢s net income for the three-month period was $1,747,000, which was consistent with its $1,766,000 net income for the same time in 2003.
Fargo provides equipment and supplies to produce plastic identification cards. The company is involved in all aspects of the business, including the design, manufacture and distribution of its products.