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>>For the nine months ended December 31, 2001, net income increased 144% to a record $8,269,000, or $1.56 per diluted share. This compares to net income of $3,386,000, or $0.69 per diluted share, for the first nine months last year. Revenue increased 80% to a record $55,431,000 from $30,768,000 for the same period of fiscal 2001.
``Singing Machine had an outstanding Christmas season. Our MTV-branded products were particularly strong sellers. Demand for our karaoke products shows no signs of slowing down in the new year. Our customers responded enthusiastically to the new line of Singing Machine and MTV-branded products we introduced at last month's Consumer Electronics Show in Las Vegas, which feature innovative designs, MP3 and DVD compatibility, advanced voice synthesizers and more. This gives us a solid base of business for the new fiscal year, and we expect an equally strong response at Toy Fair in New York later this month,'' said John Klecha, president and chief operating officer. >>> PS: We have all the stocks needed for 2002 Can shut down the search engines ...Whiiiiiiiiiiiiiiiiiiiiiirrrrrrrrrrrrrrrrrrrrrrrrrrrrr, bleep,bleep blp-bl- blip Sig. |