ATC Venture Group Inc. Announces Financial Preliminary, Unaudited Results For Third Fiscal Quarter
ATC Venture Group Inc. (AMEX:ATC) today announced its preliminary, unaudited financial results for the third fiscal quarter as follows:
| For the nine months ended June 30, 2012 | For the nine months ended June 30, 2011 | |||||||||||||||||||||||||||||
| Continuing | Discontinued | Continuing | Discontinued | |||||||||||||||||||||||||||
| Operations | Operations | Total | Operations | Operations | Total | |||||||||||||||||||||||||
| Sales | $ | 3,583,732 | $ | 5,557,682 | $ | 9,141,414 | $ | 7,981,162 | $ | 338,376 | $ | 8,319,538 | ||||||||||||||||||
| Cost of goods sold | 2,495,930 | 3,643,875 | 6,139,805 | 6,014,394 | 565,794 | 6,580,188 | ||||||||||||||||||||||||
| Gross profit | 1,087,802 | 1,913,807 | 3,001,609 | 1,004,932 | (227,419 | ) | 777,513 | |||||||||||||||||||||||
| Sales, general & admin | 1,486,160 | 1,284,531 | 2,770,691 | 3,475,267 | (200,415 | ) | 3,274,852 | |||||||||||||||||||||||
| Other income (expense) | 594,944 | 2,115,295 | 2,710,239 | (81,241 | ) | (11,596 | ) | (92,837 | ) | |||||||||||||||||||||
| Net income (loss) pre tax | $ | 196,585 | $ | 2,744,571 | $ | 2,941,156 | $ | (2,551,576 | ) | $ | (38,600 | ) | $ | (2,590,176 | ) | |||||||||||||||
| Net income (loss) | $ | 196,585 | $ | 1,709,571 | $ | 1,906,156 | $ | (1,695,535 | ) | $ | (387,706 | ) | $ | (2,083,241 | ) | |||||||||||||||
The Company reported total sales, including sales from discontinued operations, of $9.14 million for the nine months ended June 30, 2012 compared to $8.32 million in the prior year.
Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
