ATSI Communications Announces 140% Revenue Increase Results in Record – Earnings per Share Milestone Achieved
SAN ANTONIO, TX–(MARKET WIRE)–Mar 20, 2007 — ATSI Communications, Inc. (OTC BB:ATSX.OB – News) announced today that the Company’s revenues for its 2nd fiscal quarter ended January 31, 2007 reached $7,073,000, a 140% improvement over revenues of $2,947,000 for the corresponding quarter ended January 31, 2006. The significant improvement in revenues resulted in the Company’s 10th consecutive quarter of record revenues, a record gross profit of $564,000, and 3rd consecutive quarter of positive cash flow from operations. Due to the increase in revenues and continued operating efficiencies, net income for the three months ended January 31, 2007 was $230,000 or $0.01 basic earnings per share vs. a net loss of $222,000 or ($0.02) basic loss per share for the three months ended January 31, 2006.
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ZAP (OTCBB: ZAAP)
ZAP CEO Returns from Europe Confirming Meetings with Lotus Engineering
SANTA ROSA, Calif.–(BUSINESS WIRE)–Steve Schneider, CEO for electric car pioneer ZAP (OTC BB: ZAAP – News), is hinting at new developments following a visit to Europe last week in which he confirms meeting with Lotus Engineering.
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http://stockguru.com/profiles/zaap/news.php
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