Today, industrial waterjet machine manufacturer, Flow International Corp. (NASDAQ:FLOW) posted its 4Q and fiscal year results for the period ending April 30. Net profit in the 4Q rose to $13.3 million, or $0.35 per share, from last year's loss of $3.2 million, or $0.09 per share. 4Q revenue increased 21% to $63.3 million from $52.3 in the year-ago period. For the year net income increased to $22.4 million, or $0.59 per share, from $3.8 million, or $0.10 a share, in 2007. Yearly revenue rose 14% to $244.3 million from $213.4 million last year.

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