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Article: Porta Systems Corp. Reports Results for the Quarter and Year Ended December 31, 2006.(Financial report)
- Article from:
- Business Wire
- Article date:
- March 30, 2007
CopyrightCOPYRIGHT 2007 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. (OTC.BB:PYTM) today reported operating income from continuing operations for the quarter ended December 31, 2006 of $621,000 compared to an operating loss from continuing operations of $894,000 for the quarter ended December 31, 2005. The Company recorded net income from continuing operations of $256,000, $0.03 per share (basic and diluted), versus a net loss from continuing operations of $1,045,000, ($0.11) per share (basic and diluted), for the quarters ended December 31, 2006 and 2005, respectively. Net income for the quarter ended December 31, 2006, including a loss from discontinued operations of $84,000, was $172,000, $0.02 per ...
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