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Macrosolve Inc. MCVE
Posted On: 05/05/2013 12:52:33 AM
Post# of 26
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Posted By: PennyHick

MCVE..MacroSolve Announces $923,000 Increase in Net Income for First Quarter 2013 Over First Quarter 2012



TULSA, OK--(Marketwired - Apr 30, 2013) - MacroSolve, Inc. (OTCQB: MCVE) ("MacroSolve" or the "Company"), a leading provider of mobile technologies intellectual property, today announced financial results for its first quarter ended March 31, 2013.



Highlights for the first quarter of 2013 include:




  • Net income increased $923,000 to $218,000 in 1Q13 from $(705,000) net loss in 1Q12;

  • Net income from continuing operations increased $225,000 to $218,000 in 1Q13 from $(7,000) in 1Q12; and

  • Operating expenses decreased 49% to $155,000 in 1Q13 from $303,000 in 1Q12.

  • read more

  • http://finance.yahoo.com/news/macrosolve-anno...00824.html














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