Advant-E Corp. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2012
For the nine months, the company reported revenue of $7,588,418 against $7,107,718 a year ago. Operating income was $2,194,767 against $1,868,084 a year ago. Income before income taxes was $2,196,471 against $1,871,017 a year ago. Net income was $1,448,449 or $0.022 basic and diluted per share against $1,233,089 or $0.018 basic and diluted per share a year ago. Net cash flows from operating activities were $1,761,086 against $1,732,808 a year ago. Purchases of property and equipment were $106,651 against $34,691 a year ago.