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Tech Industry

Short Take: Rockwell's Q2 profits down 42% from 1997

Rockwell reported a drop in second-quarter profits to $109 million, a 42.3 percent drop from a year ago. Sales rose slightly to $1.94 billion for the quarter, up from $1.9 billion a year ago. But revenues in the company's semiconductor business fell to $315 million, down from $369 million the previous year.

Rockwell reported a drop in second-quarter profits to $109 million, a 42.3 percent drop from a year ago. Sales rose slightly to $1.94 billion for the quarter, up from $1.9 billion a year ago. But revenues in the company's semiconductor business fell to $315 million, down from $369 million the previous year.