DUBUQUE, IA -- Residential furniture manufacturer Flexsteel Industries Inc. (FLXS) reported a higher net income for the first quarter ended September 30, helped mainly by a 15% increase in revenue as well as improved gross margins.

Flexsteel Industries, Inc. (FLXS) Tuesday reported a higher net income for the first quarter ended September 30, helped mainly by a 15% increase in revenue as well as improved gross margins.