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Article: Holographic Dimensions, Inc. Reports Fifth Consecutive Profitable Quarter And Comments On Future Prospects
- Article from:
- PR Newswire
- Article date:
- February 12, 1998
CopyrightCOPYRIGHT 1998 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, Feb. 12 /PRNewswire/ -- Holographic Dimensions, Inc. (OTC Bulletin Board: HGRM) reported net income for the quarter ending December 31, 1997 of $70,207, versus net income of $5,348 for the same period last year. Fourth quarter revenues increased over 90% from $149,916 in 1996 to $289,132 in 1997.
Revenues and earnings for the fiscal year of 1997 also showed improvement. Revenues more than doubled, raising from $639,212 in the fiscal year 1996 to $1,322,236 for the fiscal year 1997. Net earnings for 1997 were $200,165 or $.033 per share, compared to a net loss of $102,035 (-$.017 per share) for 1996. The increase in revenues is the result of further ...
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