Thursday, March 26, 2015 8:00:50 AM
Net income for the first quarter of fiscal 2015 was a record $420,000, or $0.02 per share, an increase of 336% on a year-over-year basis
Total revenue increased 7% sequentially and 9% year-over-year to $2.6 million
Gross margin improved to 80% compared to 72% in the same period in 2014
Cash increased $257,000 to $4.1 million from $3.8 million in the preceding quarter
Operation expenses decreased $235,000, or 12% for the quarter, compared to the same period in 2014
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