The Company recorded a loss from continuing operations of $1,621,655 in Fiscal 2012, compared to income from continuing operations of $1,600,949 in Fiscal 2011, a reduction of $3,222,604. Excluding $3,176,884 in one-time expenses related to the recent restatement and related legal matters, the Company would have recorded income from continuing operations of $1,555,229 in Fiscal 2012.Net loss in Fiscal 2012 was $2,311,168 compared to net income of $1,013,535 in Fiscal 2011, a reduction of $3,324,703. The net loss includes $689,513 and $587,414 in 2012 and 2011 respectively related to the discontinued operations of our Superior Galleries subsidiary.
DGSE Companies, Inc. Reports Fourth Quarter And 2012 Full Year Results
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