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Article: Creative Vistas Reports 32% Increase in Second Quarter Revenues, Driven by U.S. Expansion.(Financial report)
- Article from:
- Business Wire
- Article date:
- August 14, 2008
CopyrightCOPYRIGHT 2008 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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Company Expects Continued Revenue Growth in Second Half and Positive EBITDA for Third Quarter and Second half of 2008
WHITBY, Ontario & LOS ANGELES -- Creative Vistas, Inc. (OTCBB: CVAS), a leading provider of broadband-related services as well as surveillance and security solutions, today reported financial results for the second quarter ended June 30, 2008. Following are key highlights for the quarter:
* Booming Dependable HomeTech division helps drive revenues up 32% for second quarter and 35% for first half
* Company projects positive EBITDA for third quarter and second half of 2008
* U.S. sales rise from zero at start of 2008 to ...