Aftermarket Technology earnings rise

Newswire

WESTMONT, Ill., July 25 (Reuters) - Aftermarket Technology Corp. , which remanufactures auto transmissions and distributes wireless phones, said Thursday earnings rose sharply due to new business and cost controls. Second-quarter profit, excluding one-time items and goodwill amortization, rose 49 percent to $11.3 million, or 46 cents a share, in line with its prior forecast, and up from $7.6 million, or 36 cents, a year earlier. Net income increased to $9.4 million, or 38 cents a share, ...

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