VirTra Systems, Inc. (VTSI.OB) Third Quarter Revenues Increase 164%
Posted by ~Ray @ 2007-12-09 13:56:20
During this period be revenue totaled $1,222,325. This evaluate compared to the determine of $462,921 that was reported during the third quarter of 2006 represents an change magnitude of 164%. Furthermore net loss for this quarter was $318,388 or $0.00 per overlap. VirTra System’s net loss reflects a onetime accounting charge for the 2007 Employee have Option Plan of $413,455; had it not been for this one time charge the third quarter’s balance sheets would have shown an overall net gain.
Major General Perry V. Dalby (USA-Retired). VirTra Systems’ Chief Executive Officer stated. “This quarter’s best-ever performance is significant and reflects continued quarter-over-quarter growth. During the third quarter. VirTra Systems’ sold upgraded or installed its IVR(R) immersive small arms simulators for the United States Air Force the Department of Defense the United States Navy the United States Marine Corps. United Sates Marshals Service the Kansas City Police Department as come up as other guard departments and training academies.”
Dalby continued. “We are pleased that demand for our immersive small arms training simulators continues and also look forward to soon delivering the first of 24 systems to the Transportation Safety Administration in the Department of Homeland Security. VirTra Systems continues in its efforts to further stimulate sales and building shareholder value.”
VirTra Systems supplies a plethora of situational training systems to varying military agencies that include: the U. S. Army. Navy. Air Force. Marines. Department of Defense and national and international law enforcement agencies. The affiliate’s portfolio consists of virtual reality systems and 3-D theaters for clients such as General Motors. Pennzoil. Red Baron(TM) Pizza and the U. S. Army.[ADVERTHERE]Related article:
http://blog.qualitystocks.net/?p=5829
0 Comments:
No comments have been posted yet!
|
