Oshkosh Truck earnings rise on cost cutting

Newswire

OSHKOSH, Wis., July 25 (Reuters) - Oshkosh Truck Corp. , which makes defense, fire and emergency vehicles, said on Thursday its quarterly income rose 57 percent on cost cutting and an expanded government contract. Net income in the third quarter ended June 30 rose to $21.6 million, or $1.24 per share, from $13.7 million, or 80 cents per share, in the same period the year before. Sales increased 20.6 percent to $489.5 million from $405.8 million a year ago. The company said earnings ...

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