NEW YORK, July 25, 2013 (GLOBE NEWSWIRE) -- HELIOS AND MATHESON Analytics Inc (the "Company") (Nasdaq:HMNY), a 30 year old IT services organization focused on the banking, financial services, insurance and healthcare sectors, is providing the following preliminary (unaudited) information regarding the results of its operations for the second quarter of the year ended June 30, 2013:
The Company expects to report a 6% increase in net income for Q2-2013 as compared to Q2-2012, an increase from $101,000 or $0.04 per basic and diluted share (EPS) to $108,000 or $0.05 per basic and diluted share (EPS).
The Company continues to be debt free. The Company expects to close the second quarter of 2013 with total assets of $5.5 million and total liabilities of $1.3 million. Below is the summary of select financial data:
|Three Months Ended|
|(In 000s except per share amounts)||6/30/2013||6/30/2012|
|Income from operations||$110||$102|
|EPS per basic and diluted share||$0.05||$0.04|
|Cash and Cash Equivalents (million)||$2.13||$2.03|