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Article: RDM Corporation announces third quarter results; Toronto Stock Exchange symbol: RC.
- Article from:
- PR Newswire
- Article date:
- July 30, 2003
CopyrightCOPYRIGHT 2003 PR Newswire Association LLC. 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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RDM Corporation (TSX: RC), a leading developer of specialized software and hardware products for electronic payment processing, today reported its fiscal 2003 third quarter financial results.
For the three months ended June 30, 2003, total revenue was $4.6 million versus $3.8 million for the same period in the prior year. Net earnings for the three months ended June 30, 2003 was $254,000 ($0.01 per common share), compared to net earnings of $98,000 ($0.01 per common share) for the three months ended June 30, 2002. Gross margins as a percentage of sales for the quarter were 43% compared to 48% in the same period in the prior year. Cash used in operations during the ...