HLS Therapeutics Inc. (HLTRF)

[encoree]

Automodular Corporation ("Automodular" or "the Company") reports net earnings of $2.3 million or $0.12 per share for the three months ended September 30, 2011. For the nine months ended September 30, 2011 Automodular reports net earnings of $8.4 million or $0.42 per share.

The results for the three and nine month periods ended September 30, 2011 and 2010 are summarized below (all figures in '000s except per share):




Three months ended Nine months ended
September 30 September 30
2011 2010 2011 2010
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Sales $ 18,969 $ 19,062 $ 58,266 $ 69,403
Net earnings (loss) $ 2,331 $ (997) $ 8,429 $ 2,010
Per share $ 0.12 $ (0.04) $ 0.42 $ 0.08
Weighted average shares
outstanding 20,005 21,547 19,996 24,109




The Board of Directors has declared a total dividend of $0.10, composed of a special dividend of $0.05 and a regular quarterly dividend of $0.05 payable December 1, 2011 to shareholders of record November 17, 2011.