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Non-Tech : POSITIVE EARNINGS

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From: RikRichter8/11/2006 10:23:31 PM
   of 337
 
MFIC Swings To Profit In Q2 - Quick Facts
Friday, August 11, 2006; Posted: 06:38 PM

(RTTNews) - Friday, MFIC Corp. (MFIC.OB) reported net income of $128 thousand or $0.01 per share, compared to a net loss of $36 thousand or breakeven in the same quarter a year earlier.

Revenues for the quarter were $3.91 million, up from $3.16 million in the comparable quarter last year, registering an increase of 23.6%.

For the six-month period, the company reported net profit of $170 thousand or $0.02 per share, compared to a net loss of $152 thousand or $0.02 per share in the same period last year.

Revenues for the six-month period were $7.06 million, up from $5.70 million in the comparable quarter of the previous year.

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