|
Advanced Communications Reports Continued Strong Revenue Results For February
Thursday March 9, 8:30 am ET Reflects A 71% Growth in EBITDA Compared With The Same Period Last Year NEW YORK--(BUSINESS WIRE)--March 9, 2006--Advanced Communications Technologies, Inc. (OTC Bulletin Board: ADVC - News), a New York-based holding company that specializes in the technology aftermarket service and supply chain known as reverse logistics, announced today that it's electronic equipment repair subsidiary Cyber-Test, Inc. generated $820,000 in revenue for the month of February 2006 with EBITDA of $77,000 or 9.4% of revenue, compared with $650,000 in revenue and $36,000 of EBITDA or 5.5% of revenue for the same month last year, representing a 26.2% revenue increase and a 71% growth in EBITDA. Wayne Danson, president and CEO of Advanced Communications said, "Cyber-Test continues to perform exceptionally well and attract new business because of its program of service excellence in delivering timely and cost-effective services to its customers." Danson added, "Our business strategy remains in full force as we are in the process of seeking target companies that complement our expansion plan of providing an integrated life-cycle service for the consumer electronics industry." Danson closed with, "Our $10 million revenue projection for fiscal 2006 remains on target and we look forward to sharing our acquisition progress with shareholders as soon as we are allowed under SEC regulations." Cyber-Test's ability to meet the consumer's demand and its reputation for providing preeminent electronic repair and asset recovery services is flourishing, as its customer base continues to grow. For more information on Cyber-Test's services, visit their website at http://www.equipfix.com.
|
1 |
... |
5 |
6 |
7 |
8 |
9 |
10 |
Thread abonnieren
