Webco Industries Inc. (OTC: WEBC), Sand Springs, OK, reported sales for the fiscal second quarter of $75.5 million, a 28.8 percent decrease year-over-year. The company reported a loss of $1.2 million, down from a profit of $0.5 million the same quarter a year ago.
Sales for the first six months of the fiscal year were $167.8 million, a 20.9 percent decrease over the same period a year ago. The company reported a loss of $2.3 million for the period, compared to a loss of $0.7 million the prior year.
