Profits, revenues jump at Optionable
-
- February
- 6
Optionable Inc., a Valhalla company that provides energy derivatives brokerage services, said today it earned $2.5 million, or 5 cents a share, during the last quarter of 2006, as revenues quadrupled. A year earlier, the company earned $262,769, or a penny a share. Revenues in the last quarter were $6.8 million, up from $1.7 million during the closing quarter of 2005. The company’s stock, which trades on the Over-The-Counter Bulletin Board, closed at $5.99 a share, down 10 cents. The earnings announcement was made after the stock market closed.
This entry was posted
on Tuesday, February 6th, 2007 at 6:53 pm by Allan Drury.
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