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Article: iGo Reports Third Quarter 2009 Financial Results.(Financial report)
- Article from:
- Biotech Week
- Article date:
- November 4, 2009
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iGo, Inc. (Nasdaq: IGOI), a leading provider of power management solutions, reported financial results for the third quarter ended September 30, 2009. Net income attributable to iGo, Inc. was $318,000, or $0.01 per share, in the third quarter of 2009, compared with net income of $649,000, or $0.02 per share, in the same quarter of the prior year. Total revenue was $13.8 million in the third quarter of 2009, compared with revenue of $20.1 million in the third quarter of 2008 (see also iGo, Inc.).
According to Generally Accepted Accounting Principles in the United States (U.S. GAAP), iGo must consolidate the operating results of Mission Technology Group, which ...