Food Technology Service, Inc. Reports Earnings
2013年5月13日 - 10:30PM
ビジネスワイヤ(英語)
Food Technology Service, Inc., (Nasdaq: VIFL) had record
revenues of $1,073,177 during the first quarter of 2013 compared to
revenues of $1,050,616 for the same period in 2012. This is an
increase of approximately 2.2 percent. The Company had net income
during the first quarter of 2013 of $263,773 versus net income of
$273,855 during the same period in 2012, a decrease of
approximately 3.7 percent. The decrease in net income resulted from
approximately $43,000 in increased depreciation from Cobalt and a
new programmable logic control system purchased during the last
half of 2012.
Food Technology Service, Inc. CEO Dr. Richard Hunter said: “I am
pleased with our results for the first quarter of 2013. Although
the increase in revenue was modest, the comparison is to our
previous record quarterly revenues in the first quarter of 2012. In
addition, we had good growth in several of our medium-sized medical
sterilization customers in the first quarter of 2013.”
Food Technology Service, Inc. provides irradiation services for
medical products, food items and consumer goods to enhance the
safety of those products. The Company is certified to ISO
13485:2003 standards for the provision of radiation sterilization
services for medical devices.
Except for historical matters contained herein, the matters
discussed in this press release are forward-looking statements and
are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements reflect assumptions and involve risk and uncertainties
that may affect business and prospects and cause actual results to
differ materially from these forward-looking statements.
Food Technology Service (NASDAQ:VIFL)
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Food Technology Service (NASDAQ:VIFL)
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