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EVSNF announces great results !!!!

Elbit Vision Systems Announces H1 2012 Results "In Excess of Company Expectations"
Press Release: Elbit Vision Systems Ltd. – 4 hours ago
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Companies:
Elbit Vision Systems Ltd.
RELATED QUOTES
Symbol Price Change
EVSNF 0.09 0.02


33. 3% INCREASE IN REVENUES
16.7% INCREASE IN GROSS PROFIT
REVENUES OF $3.6 MILLION
OPERATING PROFIT OF $0.74 MILLION
REVENUES OF $1.95 MILLION IN Q2 - RECORD HIGH SINCE COMPANY REORGANISATION
CAESAREA, Israel, July 30, 2012 (GLOBE NEWSWIRE) -- Elbit Vision Systems Ltd. (EVSNF), a global provider of vision technology for automatic surface inspection and in-line quality monitoring systems, today announced its consolidated financial results for the six month period ending June 30, 2012, which were, "in excess of the Company's internal expectations," it said.
First Half Results:
Revenues for the first six months of 2012 were approximately $3.6 million, representing an increase of 33.3% compared to $2.7 million for the same period in 2011.
Gross profit on a GAAP basis was approximately $2.1 million, representing 59.2% of revenues, compared to $1.8 million for the same period in 2011.
Operating profit on a GAAP basis was approximately $0.74 million compared with an operating profit of approximately $0.61 million for the same period in 2011.
Net profit on a GAAP basis for the first six months of 2012 was approximately $0.75 million, compared to approximately $0.53 million for the same period in 2011.