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WHITE PLAINS, N.Y. (AP) - ITT Industries Inc. on Thursday posted a 72 percent surge in third-quarter profit, amid growth in its fluid-technology and defense segments, but warned that full-year results will fail to match Wall Street's expectations.
Net income came to $189.3 million, or $2 a share, for the latest quarter, compared with $109.8 million, or $1.16 a share, a year earlier, the White Plains-based manufacturer said.
Revenue rose to $1.93 billion from $1.66 billion.
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