Article: Porta Systems Corp. Reports Results for the Quarter Ended March 31, 2005.

SYOSSET, N.Y. -- Porta Systems Corp. (OTCBB:PYTM) today reported operating income for the quarter ended March 31, 2005 of $1,545,000 compared to operating income of $1,151,000 for the quarter ended March 31, 2004.

The Company reported net income of $1,203,000, or $0.12 per share (basic and diluted), for the quarter ended March 31, 2005 as compared with a net income of $828,000, or $0.08 per share (basic and diluted), for the comparable quarter of 2004.

Sales for all units were $7,615,000 for the quarter ended March 31, 2005 versus $8,100,000 for the quarter ended March 31, 2004, a decrease of $485,000 (6%). Copper Connection/Protection sales were ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!