Encision Inc. Announces Unaudited Earnings Results for the Third Quarter and Nine Months Ended December 31, 2013
The company posted nine months product revenue of $7.852 million and nine months service revenue of $191,000 for a nine months net loss of $329,000, or $0.04 per basic and diluted share. These results compare to product revenue of $8.566 million and service revenue of $464,000 for a net loss of $337,000, or $0.04 per basic and diluted share, in the year-ago nine months. Operating loss was $114,000 against $335,000 a year ago period. Loss before provision for income taxes was $329,000 against $337,000 a year ago period.