|
|
Article: Target Logistics, Inc. Announces Fiscal First Quarter Results; Reports 400% Increase in Net Income; 15.6% Increase in Operating Revenues.
- Article from:
- Business Wire
- Article date:
- November 1, 2004
CopyrightCOPYRIGHT 2004 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)
|
BALTIMORE -- Target Logistics, Inc. (OTC BB: TARG) announced today results for the first fiscal quarter ended September 30, 2004.
Operating revenues for the quarter were $33,036,577, a 15.6 % increase over the $28,588,156 reported in the first quarter of fiscal 2004. The company reported net income for the fiscal first quarter was $245,723, or $0.01 per basic and diluted share, a 400 % increase over net income of $48,361, reported for the first quarter of fiscal 2004.
Stuart Hettleman, President and Chief Executive Officer, said, "Our growth trend in both operating revenues and net income continued during our first fiscal quarter of 2005. These results ...
Related newspaper, magazine, and journal articles:
|