Herman Miller Inc. Q1 Earnings Rise 33%

(RTTNews) - Herman Miller Inc. (MLHR) released a profit for its first quarter that climbed from last year.

The company said its bottom line advanced to $33.5 million, or $0.56 per share. This was higher than $25.2 million, or $0.42 per share, in last year's first quarter.

The company said revenue for the quarter rose 10.9% to $565.4 million. This was up from $509.7 million last year.

Herman Miller Inc. earnings at a glance:

-Earnings (Q1): $33.5 Mln. vs. $25.2 Mln. last year.

-Earnings Growth (Y-o-Y): 32.9%

-EPS (Q1): $0.56 vs. $0.42 last year.

-EPS Growth (Y-o-Y): 33.3%

-Revenue (Q1): $565.4 Mln vs. $509.7 Mln last year.

-Revenue Change (Y-o-Y): 10.9%

-Guidance:

Next quarter revenue guidance: $570 - $590 Mln