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Joy Global quarterly profit falls 15 pct
May 30, 2013 / 10:18 AM / 4 years ago

Joy Global quarterly profit falls 15 pct

May 30 (Reuters) - Mining equipment maker Joy Global Inc reported a lower quarterly profit as a fall in commodity prices forced miners to slash capital spending.

Earnings for the second quarter fell to $181.6 million, or $1.69 per share, from $213.6 million, or $2.00 per share, a year earlier.

Revenue fell 11 percent to $1.36 billion.

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