Business Summary
ERCI is an oilfield service company which manufactures, remanufactures and services
oilfield wellhead equip-ment. For the three months ended 3/31/97, revenues rose 68%
to $16.5 million. Net income totalled $220 thousand, vs. a loss of $70 thousand.
Revenues reflect the addition of new customers, higher drilling activity, and the inclusion
of sales of Seaboard Lloyd Limited. Net income also benefited from outsourcing of
manufacturing at lower costs and a shift in product mix.
Yea, I know I stole this info., but it will give everyone a quick idea about the company.
Currently trading a $2.
ANY comments, I would appreciate help digging up information on this company.
Thanks, Rooster
check out the management description on sec.gov
in the right industry..growing revenues.. |
