Flow International Corporation (FLOW: chart), ultrahigh-pressure water pumps and systems manufacturer reported consolidated sales for the fiscal third quarter 2008 increased $66.3 million, an 18% increase compared to $56.04 million a year ago.

""Our results this quarter further demonstrate the potential strength in global demand for our unique cutting solutions,"" said Charley Brown, Flow''s President and Chief Executive Officer.

Earnings increased more than threefold to $0.16 per basic and diluted share compared to $.05 in the prior-year quarter.

Joy Global Inc. (JOYG: chart), a mining equipment manufacturer said fiscal first quarter 2008 new orders were $870 million, an increase of 54% from $565 in 2007 and total order book now stands at $3.2 billion. Net sales for the quarter increased 14% to $640 million versus $560 million of same quarter of 2007.

Earnings per diluted share in the first quarter were $71.1 million, or $0.65 compared to $59.7 million or $0.51 in the year-ago quarter.

The company guided fiscal 2008 sales between $3.1 billion and $3.3 billion and operating earnings between $545 million and $585 million. Earnings per share are estimated between $3.15 and $3.45 in the period.

Joy Global stock traded down $2.02 to $67.09.