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Article: Tidel Reports First Quarter Results $.10 vs. $.09.
- Article from:
- PR Newswire
- Article date:
- February 8, 2001
CopyrightCOPYRIGHT 2001 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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HOUSTON, Feb. 8 /PRNewswire/ --
Tidel Technologies, Inc. (Nasdaq: ATMS) today reported the financial results for the quarter ended December 31, 2000, its first quarter of fiscal 2001.
Tidel posted the best operating performance for any first fiscal quarter in its history with net income for the quarter ended December 2000 of $1,888,019, an increase of 27% from $1,481,067 for the same quarter in 1999. Revenues for the quarter ended December 2000 were $16,696,463, an increase of 21% from the $13,782,153 for the same quarter a year ago.
The growth was due to continued demand for the company's core Ignition Series ATMs. For the quarter ended ...
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