Blount Sales Up 6.3% in Q3

Blount International Inc. (BLT) on Wednesday reported earnings of $16.1 million, or 32 cents per share, in its third quarter.

The company, based in Port Land, Oregon, posted revenue of $245.2 million in the period.

Blount expects full-year revenue in the range of $940 million to $950 million.

Blount shares have climbed roughly 6 percent since the beginning of the year. The stock has increased 23 percent in the last 12 months.