Greenway reported a loss from operations of ($250,000) for the fiscal 2013 first quarter, which compares with an operating loss of ($549,000) for the prior-year period.The Company earned net income of $8,000, or zero cents per share based on a weighted average 30.6 million shares outstanding, for the three months ended September 30, 2012. This compares with a net loss of ($406,000) for the prior-year period. The Company’s results for the three months ended September 30, 2011, reflected a loss available to common shareholders of ($9.8 million), or (84) cents per share and included dividends and accretion related to preferred stock that was converted to common stock in February 2012.
Greenway Reports Fiscal 2013 First-Quarter Results
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