HelpMate, develops, manufactures and markets mobile robotic systems, which are distinguished by their ability to navigate autonomously without the need for fixed tracks or guide wires. For the nine months ended 9/98, revenues increased 20% to $3.2 million. Net loss decreased 76% to $456 thousand. Results reflect increased rental revenues due to higher monthly rental rates coupled with a net increase of three rental units and $138 thousand in vendor forgiveness of debt.
HelpMate posts Q4 net profit vs loss biz.yahoo.com
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