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Article: Earth Search Sciences Posts All-Time High Revenue in Reporting Fiscal-year Financial Performance.
- Article from:
- Business Wire
- Article date:
- July 27, 1999
CopyrightCOPYRIGHT 1999 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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McCALL, Idaho--(BUSINESS WIRE)--July 27, 1999--
Earth Search Sciences, Inc., (OTC BB:EDIS) today reported an all-time high revenue of $881,006 for the fiscal year ended March 31, 1999.
The company's revenue is up more than 14 times over the $55,000 reported during the prior year.
For the fiscal year, Earth Search Sciences reported a net loss of $2.3 million, or ($.025) per share on a diluted basis. The loss compares to a net loss of $5.8 million, or ($.077) per share, for the previous year.
"Earth Search Sciences has proven itself as a revenue-generating technology provider and we are energized by the many opportunities in front of us ...