SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Tels Corp. Extremely Undervalued with Strong Fundamentals!

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Steven G. Trapp & Company who wrote (54)8/24/1998 11:50:00 PM
From: Steven G. Trapp & Company  Read Replies (1) of 79
 
2nd Q. Revenues: $1,313,640.00 -19%
net loss: -$150,503 (.04)
that compares to EPS of .01 for the same period in 1997

6 months Revenues:$2,755,155 -8%
net loss: -$130,070 (.03)

that compares to a loss of (.02) for the same period in 1997

The decrease was due to economic factors affecting the electronics industry where sales in the contract mfg division decreased 15% for the six months ended June 30, 1998.

Telecommunication products sales were almost unchanged for the six months ended June 30, 1998.

Gross profit increased 2% for the six month period ended June 30, 1998.

Gross margins increased to 53% from 48% fro the six months ended June 30, 1998.

Telecommunication sector sales represented 46% of total sales in 1998 compared to 42% for 1997

"SG&A" grew 9% for the six month period ended June 30, 1998 when compared to the same period for 1997.

SG&A increased due to legal expenses of defending the company against the Neuenswander lawsuit, costs associated with acquisition and related activities; financing and NASDAQ listing issues.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext