WHITE PLAINS, NY -- The parent company of Arlon Electronic Materials reported third-quarter net income of $6 million on net sales of $173.8 million for the three months ended Sept. 30.

WHX Corp. had net income of $1 million on net sales of $142.3 million for September 2009 period.

Net income from continuing operations in the third quarter 2010 was $6.2 million, compared to net income from continuing operations of $1.4 million in 2009. Gross margin rose to 27.1% from 25.7%.

Arlon's sales rose 29.5% year-over-year to $18.7 million. The business unit, which makes laminates for printed circuit boards, reported operating profit of $2.1 million, up from a loss of $501,000 last year. The results include $1.1 million goodwill impairment charge recorded to adjust the carrying value of one of the Arlon EM segment's reporting units to its estimated fair value.

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