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Otter Tail quarterly results announced

News Bemidji,Minnesota 56619 http://www.bemidjipioneer.com/sites/all/themes/bemidjipioneer_theme/images/social_default_image.png
Bemidji Pioneer
Otter Tail quarterly results announced
Bemidji Minnesota P.O. Box 455 56619

Otter Tail Corporation announced financial results for the quarter ended Sept 30.

Highlights:

E Consolidated revenues rose 9.0 percent compared with the third quarter of 2009

E Diluted earnings per share were $0.16 compared with $0.29 in the third quarter of 2009, reflecting the impact of lower productivity and additional costs at DMI to support fabrication and delivery requirements for a key customer in 2010

E The corporation is narrowing its 2010 diluted earnings per share guidance.

E Board of Directors declares quarterly common and preferred dividends.

For the full report, visit www.ottertail.com/press/releasedetail.cfm?ReleaseID=524575.

Otter Tail Corporation announced financial results for the quarter ended Sept 30.

Highlights:

- Consolidated revenues rose 9.0 percent compared with the third quarter of 2009

- Diluted earnings per share were $0.16 compared with $0.29 in the third quarter of 2009, reflecting the impact of lower productivity and additional costs at DMI to support fabrication and delivery requirements for a key customer in 2010

- The corporation is narrowing its 2010 diluted earnings per share guidance.

- Board of Directors declares quarterly common and preferred dividends.

For the full report, visit www.ottertail.com/press/releasedetail.cfm?ReleaseID=524575.

Pioneer staff reports
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