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Article: Holographic Dimensions Reports Sales Increase
- Article from:
- PR Newswire
- Article date:
- April 28, 1997
CopyrightCOPYRIGHT 1997 PR Newswire Association LLC. 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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MIAMI, April 28 /PRNewswire/ -- Holographic Dimensions, Inc. (OTC Bulletin Board: HGRM) reported that today sales had increased 601% to $550,352 from $91,472 the prior year for the quarter ended March 31,1997. The Company reported net income of $60,074, or $0.01 per share versus a net loss of $89,630 the prior year.
According to Kevin G. Brown, President of Holographic Dimensions, Inc., "This marks a turning point for the company as recurring revenue increases and will allow us to show improving profits for future quarters."
For the quarter, the companies that are utilizing HGRM products on an on- going basis to insure the authenticity of products ...
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