Avante Logixx Inc. Announces Earnings Results for the Third Quarter and Nine Months Ended December 31, 2013; Provides Financial Guidance for Fiscal 2014
For the nine months, the company reported total revenues of $6,737,945, total gross profit of $2,606,692, adjusted EBITDA of $1,095,531 and net income of $1,017,851 or $0.017 per diluted share compared to total revenues of $4,668,028, total gross profit of $1,514,463, adjusted EBITDA of $136,684 and net income of $75,536 or $0.001 per diluted share a year ago period.
Avante's prospects for the remainder of fiscal 2014 continue to be positive.