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Article: Eco Logic announces third quarter 1996 results.
- Article from:
- Business Wire
- Article date:
- October 18, 1996
CopyrightCOPYRIGHT 1996 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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TORONTO--(BUSINESS WIRE)--Oct. 18, 1996--ELI ECO LOGIC INC.(TSE ELI., CANADIAN DEALING NETWORK ELII.WT.A.) ELI Eco Logic Inc. ("ECO LOGIC") announced its results for the three months and nine months ended September 30, 1996. Revenue for the quarter was $951,453 (1995 - $224,005), a 325% increase over the prior period, and for the nine months ended September 30, 1996 was $2,856,705 (1995 - $1,037,070), a 175% increase over the prior period. The net loss for the quarter was $3,700,364 (1995 - $730,810) or $0.50 per share (1995 - $0.11 per share) and for the nine month period ended September 30, 1996 was $8,807,870 (1995 - $1,951,033) or $1.24 per share (1995 - $0.32 per ...