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Article: Porta Systems Corp. Reports Results for the Quarter and Year Ended December 31, 2004.
- Article from:
- Business Wire
- Article date:
- March 31, 2005
CopyrightCOPYRIGHT 2005 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)
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SYOSSET, N.Y. -- Porta Systems Corp. (OTCBB:PYTM) today reported operating income for the quarter ended December 31, 2004 of $922,000 compared to operating loss of $358,000 for the quarter ended December 31, 2003.
The Company reported net income of $469,000, $0.05 per share (basic and diluted), for the quarter ended December 31, 2004 as compared with a net loss of $676,000, $(0.07) per share (basic and diluted), for the comparable quarter of 2003.
The Company reported operating income for the year ended December 31, 2004 of $4,153,000 compared to an operating loss of $2,352,000 for the year ended December 31, 2003. The Company reported net income of $ ...
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