AFP Imaging loss jumps 262% on charges
-
- May
- 15
AFP Imaging Corp. reported today its fiscal third-quarter loss grew 262 percent to $1.37 million from $378,929 a year ago.
On a per-share basis, the Elmsford-based supplier of imaging equipment to medical and dental offices reported it lost 8 cents a share during the three months that ended March 31, greater than the 3 cents a share it lost in the same period a year ago.
Current fiscal-year results included a charge of $314,482 related to the acquisition of intangible assets, as well as $1.1 million in deferred tax charges, AFP said.
Net sales for the quarter rose 20.2 percent to $8.6 million from $7.1 million in the year-ago period.
Current fiscal-year results include AFP’s Verona, Italy, subsidiary, the company said.
Shares of the company, traded on the over-the-counter market, were unchanged in trading today at 39 cents a share.
This entry was posted
on Thursday, May 15th, 2008 at 4:40 pm by David Schepp.
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