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Article: UTEK Corporation Reports Financial Results for Quarter Ended June 30, 2007.
- Article from:
- Business Wire
- Article date:
- August 6, 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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TAMPA, Fla. -- UTEK Corporation (AMEX:UTK) (LSE-AIM:UTK) today announced financial results for the three and six months ended June 30, 2007.
Quarter ended June 30, 2007 Operating Results
For the quarter ended June 30, 2007, income from operations (revenue) was $6.4 million as compared to $23.1 million for the quarter ended June 30, 2006. Net income from operations for the quarter ended June 30, 2007 was $1.9 million as compared to $9.8 million for the quarter ended June 30, 2006. Approximately 86% and 96% of our income from operations (revenue) was received in the form of unregistered shares of common stock for the quarters ended June 30, 2007 and 2006, ...
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