VERAMARK TECHNOLOGIES, INC.
CONSOLIDATED FINANCIAL RESULTS
(Unaudited)
Second Quarter Ended
June 30,
1999 1998
---- ----
Net Sales $ 5,988,740 $ 3,982,773
Income Before Taxes $ 730,078 $ 180,340
------------ ------------
Income Taxes $ 25,000 ---
Net Income $ 705,078 $ 180,340
Income Per Share $ .09 $ .02
============ =============
Weighted Average Number of
Shares Outstanding (Diluted) 7,998,140 7,965,189
Six Months Ended
June 30,
1999 1998
---- ----
Net Sales $11,032,107 $ 7,587,150
Income Before Taxes $ 1,307,655 $ 283,412
------------ ------------
Income Taxes 45,000 -----
Net Income $ 1,262,655 $ 283,412
----------- ------------
Income Per Share $ .16 $ .03
=========== ============
Weighted Average Number of
Shares Outstanding (Diluted) 8,100,830 7,963,497 |
