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Article: Target Logistics, Inc. Announces Fiscal First Quarter Results; Operating Revenues Increase 21.2 Percent.
- Article from:
- Business Wire
- Article date:
- November 12, 2002
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Business Editors
BALTIMORE--(BUSINESS WIRE)--Nov. 12, 2002
Target Logistics, Inc. (OTC BB: TARG) announced today results for the first fiscal quarter ended September 30, 2002.
Operating revenues for the quarter were $26,082,685, a 21.2 percent increase over the $21,522,498 reported in the first quarter of fiscal 2002. The Company reported a net loss for the fiscal first quarter of $452,709, or $0.04 per basic and diluted share, compared with a net loss of $470,102, or $0.04 per basic and diluted share reported for the first quarter of fiscal 2002.
On a pro forma basis, net loss for the first quarter of 2001 was $321,135, or $0.03 per ...