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Vector Group Reports Second Quarter 2008 Financial Results 

Jump to full article: Business Wire, 2008-08-11

Intro:

Vector Group Ltd. (NYSE: VGR) today announced financial results for the three and six months ended June 30, 2008.

Second quarter 2008 revenues were $143.0 million, compared to revenues of $140.4 million in the second quarter of 2007. The Company recorded operating income of $34.3 million in the 2008 second quarter, compared to operating income of $29.2 million in the second quarter of 2007. Net income for the 2008 second quarter was $19.1 million, or $0.25 per diluted common share, compared to net income of $21.4 million, or $0.32 per diluted common share, in the 2007 second quarter.

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