Second Quarter Highlights: Q2 2009/2008
Sales of $31.1 million, versus $34.2 million in 2008
Previously announced cost containment initiatives completed, expect savings of $4 million annually
Net income of $1.3 million, compared to $4.1 million last year
EBITDA of $2.7 million, versus $7.0 million
Fully diluted earnings per share (EPS) of 6 cents, compared to 16 cents
Excluding restructuring charges, the Company achieved quarterly net income of $1.7 million, fully diluted EPS of 8 cents and EBITDA of $3.4 million
Combination of Miranda and NVISION products strengthening business
Second Quarter Highlights: Q2 2009/2008
Sales of $31.1 million, versus $34.2 million in 2008
Previously announced cost containment initiatives completed, expect savings of $4 million annually
Net income of $1.3 million, compared to $4.1 million last year
EBITDA of $2.7 million, versus $7.0 million
Fully diluted earnings per share (EPS) of 6 cents, compared to 16 cents
Excluding restructuring charges, the Company achieved quarterly net income of $1.7 million, fully diluted EPS of 8 cents and EBITDA of $3.4 million
Combination of Miranda and NVISION products strengthening business
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