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Article: QSGI Reports Third Quarter Results; 47% Sequential Increase and 93% Year-Over-Year Increase in Data Security & Compliance Division Revenue for the Third Quarter.
- Article from:
- Business Wire
- Article date:
- November 9, 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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HIGHTSTOWN, N.J. -- QSGI, Inc. (PCX: QGI) today reported financial results for the third quarter and nine months ended September 30, 2005.
Financial Highlights for the quarter:
-- Total revenues were $8.7 million
-- Data Security & Compliance revenues were $4.6 million
-- An increase of 46.7% sequentially from Q2 2005 and an
increase of 93.2% from Q3 2004
-- Data Center Hardware & Maintenance revenues were $4.1 million
-- Data Center Maintenance achieved an increase of 18.1%
sequentially from Q2 2005
-- Net loss per share was $0.01 per share
-- Data Center Hardware and Data Center ...