InvestorsHub Logo
Followers 28
Posts 15120
Boards Moderated 1
Alias Born 02/06/2007

Re: None

Friday, 01/07/2011 12:12:34 PM

Friday, January 07, 2011 12:12:34 PM

Post# of 202893
Eternal Image Announces Key Financial Estimate: Q4 2010 Sales Increased by Approximately 35% Over Q4 2009
Net Loss Expected to Have Decreased for Seventh Straight Quarter

FARMINGTON HILLS, Mich., Jan. 7, 2011 (GLOBE NEWSWIRE) -- Eternal Image, Inc. (the "Company") (OTCQB:ETNLD), a public company engaged in the design, manufacturing and marketing of officially licensed memorial products such as caskets, urns, monuments, vaults and gift items, today announced, via this press release, a key financial estimate for Fourth Quarter 2010.

"Preliminary numbers indicate we had a stronger than expected fourth quarter," said Clint Mytych, President & CEO for the Company. "Our accounting staff is reporting that revenue from fourth quarter 2010 rose approximately 35% compared to the same quarter last year. Preliminary numbers also indicate that it was our seventh straight quarter with a decrease in total Net Loss."

Complete Fourth Quarter and Annual financials will be disclosed in the Company's forthcoming Form 10-K.



Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.