February 19, 2010 / 1:25 PM / 7 years ago

UPDATE 1-Brady Corp posts Q2 profit

* Q2 EPS $0.28 vs loss/shr $0.08 a year ago

* Revenue rises 11 pct

Feb 19 (Reuters) - Identification products maker Brady Corp (BRC.N) posted a quarterly profit, helped by a jump in sales at its Asia-Pacific segment.

For the second quarter ended Jan. 31, net income was $15.0 million, or 28 cents a share, compared with a net loss of $4.2 million, or 8 cents a share, a year ago.

Excluding items, the company earned 33 cents a share, compared with analyst expectations of 34 cents a share, according to Thomson Reuters I/B/E/S.

Net sales rose 11 percent to $295.8 million, compared with estimates of $292.1 million.

Organic sales were up 25.7 percent in the Asia-Pacific region.

Shares of the company closed at $29.88 Thursday on the New York Stock Exchange. (Reporting by Bijoy Koyitty in Bangalore; Editing by Aradhana Aravindan)

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