Beacon Enterprise Solutions Group, Inc. (BEAC) Addresses Investors in Q1 2012 Conference Call
Beacon’s formal announcement of its first quarter 2012 results in yesterday’s teleconference confirmed the positive anticipations that had ended the company’s December call giving end-of-year results. The management team was able to announce that they had accomplished what they had set out to accomplish and more. Net sales for the quarter were up 51% from the same quarter last year, with gross profit up 97%. Margins improved 900 basis points, from 30% to 39% from the same quarter last year, and total operating expenses decreased 12%. Perhaps most significantly was income from operations for the quarter, which was again in…