Technology | 2009.11.04
Buckeye Announces First Quarter FY 2010 Results
MEMPHIS, Tenn.--(BUSINESS WIRE)--Buckeye Technologies Inc. (NYSE:BKI) today announced first quarter net income of $39.2 million or $1.00 per share. First quarter earnings included net income of $35.1 million, or $0.89 per share, from alternative fuel mixture credits earned during the quarter. Net sales were $177 million for the first quarter of fiscal 2010 compared to a record $221 million in the first quarter of fiscal 2009. Excluding income from alternative fuel mixture credits (AFMC), adjuste
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