Finance

Versus Technology reports Q4 2006 revenues up 24% over year ago to $2,177,000

Published in Physician Law Weekly, January 17th, 2007

Versus Technology, Inc. announced revenues of $2,177,000 for the fiscal quarter ended October 31, 2006, a 24% increase over revenues for the same period in 2005. Revenues for the year ended October 31, 2006, were $5,812,000 compared to revenues of $5,445,000 for 2005.

Versus reported income from operations of $532,000 for the quarter compared to $304,000 for the same period last year. For the year ended October 31, 2006, income from operations was $110,000 compared to a loss from operations of $44,000 the prior year.

The company reported net income of $540,000 for the quarter compared to net income of $113,000 for the same period in 2005. Net losses...

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Source: Physician Law Weekly (2007-01-17)

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