Atrix profits up 7%.MINNEAPOLIS--(BUSINESS WIRE)--Oct. 12, 1995--Atrix International today reported that higher sales and significantly lower expenses contributed to first quarter net earnings 7% higher than those reported for the first quarter of fiscal 1995. Earnings for the quarter ended Sept. 30, 1995 totaled $50,158, compared to $46,959 for the same period a year ago. Sales of $1,468,433 for the first quarter of fiscal 1996 grew by 4% over the same period sales of $1,408,729 in fiscal 1995. Selling, general and administrative expenses of $389,333 for the quarter ended Sept. 30, 1995 were 27% of sales. This represents a $46,696 improvement over fiscal first quarter 1995 selling, general and administrative expenses of $436,029 which were 31% of sales. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Steven Ste´ven n. 1. Voice; speech; language. Ye have as merry a steven As any angel hath that is in heaven. - Chaucer. 2. An outcry; a loud call; a clamor. To set steven to make an appointment. D. Riedel  This article or section is written like an .Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . , President of Atrix Atrix is an online action game developed by Galaxy Gate and published by NCsoft. External links
Riedel further stated that Atrix shipped $138,081 of the new R3 Copy Control product line during the first quarter of fiscal 1996. This represents an increase of $129,443 over prior year's sales of $8,638. While most of the shipments were made to Pitney Bowes This article or section is written like an .Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . , he stated that two new major customers also took delivery of the R3 Copy Control product line. Atrix is a leading edge manufacturer of remote metering and copy control products. The company is also a manufacturer of toner An electrically charged ink used in copy machines and laser printers. It adheres to an invisible image that has been charged with the opposite polarity onto a plate or drum or onto the paper itself. vacuums, vacuum vacuum, theoretically, space without matter in it. A perfect vacuum has never been obtained; the best man-made vacuums contain less than 100,000 gas molecules per cc, compared to about 30 billion billion (30×1018) molecules for air at sea level. filters and printed circuit board transport cases for the office machine industry and distributes tools, and instrumentation instrumentation, in music: see orchestra and orchestration. instrumentation In technology, the development and use of precise measuring, analysis, and control equipment. for field service organizations throughout the world. The common stock of Atrix is traded on NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on under the symbol ATXI. -0-
ATRIX INTERNATIONAL INC.
STATEMENT OF OPERATIONS
(unaudited)
Three Months Ended
September 30,
1995 1994
------ -------
Net Sales $1,468,433 $1,408,729
Cost of Sales (1,029,009) (916,907)
------------ -------------
Gross Profit 439,424 491,822
Selling, general and
administrative expenses (389,333) (436,029)
------------- -------------
Income from operations 50,091 55,793
Interest income/(expense) net (1,315) (7,984)
-------------- --------------
Income before income taxes 48,776 47,809
Income tax expense/benefit 1,382 (850)
-------------- -------------
Net income $ 50,158 $ 46,959
============== ==============
Net income per share 0.01 0.01 Weighted average number of Common Stock equivalents 5,206,888 5,201,978 CONTACT: Atrix International Inc. Steven D. Riedel, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. 612/894-6154 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion