|
|
Article: Avery Communications, Inc. Reports 2002 Results.
- Article from:
- Business Wire
- Article date:
- April 18, 2003
CopyrightCOPYRIGHT 2003 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Business Editors
CHICAGO--(BUSINESS WIRE)--April 18, 2003
Avery Communications, Inc. (OTC BB:AVYC), a provider of outsourced billing and customer care solutions, has announced financial results for the year ended December 31, 2002.
On revenue of $40.5 million, Avery incurred a net loss of $5.7 million ($5.66 loss per share, basic and diluted), compared with revenue of $41.9 million and a net loss from continuing operations of $1.8 million ($1.81 loss per share, basic and diluted) in 2001.
"We are beginning to see the improvements in profitability arising from the successful integration of our two operations in 2002," stated Michael J. ...