Boyds Wheels Inc.: The Stanton manufacturer of...
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Boyds Wheels Inc.: The Stanton manufacturer of aluminum wheels and related products for the specialty automotive and motorcycle markets said net income for the second quarter more than doubled to $621,000, or 21 cents a share, from $268,000, or 16 cents a share, for the 1995 second quarter. Revenue grew 64% to $7.7 million from $4.7 million. For the six-month period, net income rose to $980,000, or 34 cents a share, from $426,000, or 25 cents a share, for the first half of 1995. Revenue increased 57% to $13 million from $8.3 million. The company completed its initial public offering in September 1995 and its secondary offering of 1.2 million shares last month.
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