WPCS Announces Financial Results for Fiscal 2018 First Quarter
WPCS INTL (WPCS)
US:NASDAQ Investor Relations:
wpcsir.com
Company Research
Source: Marketwire
SUISUN, CA -- (Marketwired) -- 09/13/17 -- 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, 2017, it filed its Quarterly Report on Form 10-Q, for the three months ended July 31, 2017. Sebastian Giordano, CEO of WPCS, commented, "We are pleased to report that for the three months ended July 31, 2017 our Suisun City Operations generated net income of $184,000." Financial Results for the Three Months Ended July 31, 2017 Revenue for the three months ended July 31, 2017 increased $107,000, or 3.1%, to $3,523,000, as compared to $3,416,000 for same prior year period due to an approximately $380,000 increase in revenue in Suisun City Operations offset by an approximately $273,000 decrease in revenue from our Texas Operations. We do not anticipate any further revenues
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