03.19.2008 3:50 pm
LaBarge ups guidance, shares soar
St. Louis Post-Dispatch
LaBarge shares soared 24 percent Wednesday on news that the company raised earnings guidance for its third quarter.
The Clayton-based electronics manufacturer said it expects $70 million to $72 million in net sales for the quarter, up from $59.6 million in the same period last year. It expects fourth quarter sales to be at least as strong.
