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  • E & E profits jump 91% in 3Q

    Ecology and Environment Inc. reported Wednesday that net income nearly doubled in the third quarter while revenues rose 24 percent.

    Net income for the period rose to $ 1.42 million, or 34 cents per share, from the $ 747,000, or 18 per share, in the prior year.

    Revenue was $ 41.4 million, up from the $ 33.3 million reported in the 2010 third quarter.

    E & E (NASDAQ: EEI), a Lancaster-based environmental engineering firm, cited work performed on contracts in the company’s energy and global sectors more than offset decreases in the U.S.

    Yahoo! Finance: Waste Management Industry News

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