Notwithstanding fourth fiscal quarter
difficulties, the Company's has retained all key personnel required to redeploy existing crews and anticipates operating 10-12 crews in the United States during the first fiscal quarter
of 2014 ending December 31, 2013.
7 million) loss in the first fiscal quarter
ended June 30 from a INR953 million profit in the year-ago period.
0 million for the first fiscal quarter
of 2010, compared with $41.
First fiscal quarter
1996 revenue was $21,627,585 versus first fiscal quarter
1995 revenue of $18,347,565.
Fourth fiscal quarter
1995 revenue was $20,531,818 versus $15,766,845 in the fourth fiscal quarter
of 1994, up $4,764,973 or 30%.
During the third fiscal quarter
, Lenovo's worldwide PC shipments grew approximately 8 percent, ahead of the industry average of approximately 7 percent.
Revenue for the third fiscal quarter
of 1995 was $20,401,630, up $6,105,741, or 43% over revenue for the third fiscal quarter
of 1994 of $14,295,889.
18 million, as compared to $560,000 in the first fiscal quarter
The company said that had these orders been shipped as expected, Xscribe would have reported sequential improvement in revenues and net income for the second fiscal quarter
, but as a result of these unanticipated delays the company now expects to report a break-even quarter.
As previously disclosed in the Form 8-K filed on December 14, the company will restate its financial statements for the fiscal quarters
ended April 30, 2006 and July 31, 2006.
While we are extremely disappointed with the level of the fourth fiscal quarter
loss, a large portion of the loss is comprised of non- recurring items that will not affect the company's performance in future periods.
The company reported that the delay in receiving DOE funding for the LIPA cable project and the delay in the motor delivery to the Navy to the fourth fiscal quarter
and the associated increased costs would reduce revenues and increase losses in the third fiscal quarter
relative to the company's budget.