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Stock impact report

WPCS Announces Financial Results for First Quarter Ended July 31, 2016

WPCS INTL (WPCS) 
US:NASDAQ Investor Relations: wpcsir.com
Company Research Source: Marketwire
SUISUN, CA -- (Marketwired) -- 09/13/16 -- WPCS International Incorporated (NASDAQ: WPCS), a full-service low-voltage solutions provider in the business of developing, installing and servicing integrated structured cabling, audio-visual and security systems, today announced that on September 12, 2016, it filed its Form 10-Q, Quarterly Report for the first quarter ended July 31, 2016. Sebastian Giordano, CEO of WPCS, commented, "With more than a $4.7 million swing over the same period last year, going from a net loss to net income to common shareholders, we are pleased with our first quarter results, which continue to demonstrate that we are headed in the right direction. Looking ahead, we have a number of new initiatives in play that we believe will produce solid results in the quarters ahead." Financial Results for the Three Months Ended July 31, 2016 Revenue for the three months ended July 31, 2016 decreased $1,048,000, or 23%, to $3,416,000, as compared to $4, Show less Read more
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