TX Rail Products Inc (TXRP): Revenues for the second fiscal quarter...

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Re: greasemonkeyshoes post# 729

Monday, 04/23/2018 9:16:21 AM

Monday, April 23, 2018 9:16:21 AM

Revenues for the second fiscal quarter of 2018 were $1,098,590 as compared to $923,403 for the same period in 2017, an increase of approximately 19.0%.

Gross profit during the second fiscal quarter of 2018 was $212,046 compared to $118,439 during the same period in 2017. Gross profit in the current quarter increased by 79.0% when compared to the same period in fiscal 2017.

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As a percentage of revenue, gross profit increased to 19.3% during the second quarter of fiscal 2018 from 12.8% during the second quarter of fiscal 2017.

During the second fiscal quarter of 2018, we had net income of $47,543 as compared to a net loss of $54,059 for the same period in fiscal 2017.

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