SPY Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015
For the six months, the company reported net sales of $17,252,000 against $17,376,000 a year ago. Income from operations was $151,000 against $185,000 a year ago. Loss before provision for income taxes was $924,000 against $1,481,000 a year ago. Net loss was $926,000 or $0.07 per share basic and diluted against $1,484,000 or $0.11 per share basic and diluted a year ago. Cash flow generated by operating activities was $1.3 million in the first half of 2015.