C-COM Satellite Systems Inc. (TSXV: CMI) has announced financial results for its first quarter ending February 28, 2010. Revenues have increased by 13.5 percent to $1,681,385 compared with results from the same period last year, when total revenues were $1,481,638. The company is reporting a net profit of $36,329, or 0.01 cent per share, compared with results for the same period last year when there was a net profit of $266, or 0.0 cent per share. This is C-COM’s 24th consecutive profitable quarter and we continue to remain free of long term debt with a significant cash position. The C-COM iNetVu(r) Mobile proprietary antennas, and services associated with these products, are used in mobile applications by corporations, government agencies, the military, law enforcement agencies, homeland security, utility vehicles, oil and gas platforms, police, fire, medical and other security and emergency services with a need for affordable mobile 2-way high-speed Internet over Satellite connectivity.
Satnews Daily
April 27th, 2010
C-COM... Financially Speaking...
C-COM Satellite Systems Inc. (TSXV: CMI) has announced financial results for its first quarter ending February 28, 2010. Revenues have increased by 13.5 percent to $1,681,385 compared with results from the same period last year, when total revenues were $1,481,638. The company is reporting a net profit of $36,329, or 0.01 cent per share, compared with results for the same period last year when there was a net profit of $266, or 0.0 cent per share. This is C-COM’s 24th consecutive profitable quarter and we continue to remain free of long term debt with a significant cash position. The C-COM iNetVu(r) Mobile proprietary antennas, and services associated with these products, are used in mobile applications by corporations, government agencies, the military, law enforcement agencies, homeland security, utility vehicles, oil and gas platforms, police, fire, medical and other security and emergency services with a need for affordable mobile 2-way high-speed Internet over Satellite connectivity.