Lowrance Electronics earnings Up 65 percent
TULSA, Okla. (Dow Jones) _ Tulsa-based Lowrance Electronics is reporting a 65% increase in its fourth-quarter income.
The company makes sonar products and global positioning system devices.
Lowrance says sales jumped 17%, leading to earnings of $2-million, or 51 cents a share. That's up from $1.2--million, or 31 cents a share during the same period last year.