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Article: Information Analysis Inc. Reports Third Quarter Profitable Results.(Financial report)
- Article from:
- Business Wire
- Article date:
- November 12, 2009
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FAIRFAX, Va. -- Information Analysis Inc. (IAIC:OTCBB) today reported results for its third fiscal quarter ended September 30, 2009. Revenues were $1,988,000, compared to $1,596,000 reported in the third quarter 2008. The information technology services company reported net income of $122,000, or $0.01 per share basic and diluted, compared to a net loss of $71,000 or $0.00 per share basic and diluted, in the third quarter 2008.
For the nine months ended September 30, 2009, IAI's revenues were $4,787,000, compared to revenues of $5,042,000 for the same period in 2008. The Company reported net income of $66,000, or $0.01 per share basic and diluted, compared to a ...