$VSTR ValueSetters Announces Positive Operating Pr
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Posted On: 04/01/2019 3:35:52 PM
$VSTR ValueSetters Announces Positive Operating Profit and Shareholder Conference Call
GlobeNewswire•March 18, 2019
Highlights:
Operating profit of $17,548
Net income of $12,391
175% increase in revenues vs. 3Q18
$44,144 increase in cash balance vs. 4/30/18
Positive operating cash flow
BOSTON, MA, March 18, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- ValueSetters, Inc. (VSTR) announced positive operating earnings of $17,548 for the third quarter of fiscal 2019 and net income of $12,391. “We were pleased to report an operating profit this quarter, as a direct result of the strong growth in our consulting business,” said Cecilia Lenk, CEO. “Now that we have a proven track record in marketing private capital offerings, demand for our services has increased. In addition, we are receiving referrals from existing clients, which is helping to drive strength in our pipeline. As a result, we were able to grow sales by 175% vs. third quarter of last year and by 77% sequentially. We remain optimistic about our future growth prospects.”
We will be holding a conference call to review both our strategic outlook and third quarter earnings on Wednesday, March 27th at 12 p.m. ET. To access the call, dial either 800-346-7359 or 973-528-0008 and provide code 698785 to the operator. The name of the call is ValueSetters Earnings.
A slide presentation will be added to our website prior to the call and will be available on the Investors page, under Events & Presentations https://valuesetters.com/events-and-presentations.
For additional disclosure regarding operating results, please refer to the Quarterly Report on Form 10-Q for the period ended January 31, 2019, which has been filed with the Securities and Exchange Commission.
About ValueSetters:
Led by a team of professional investors, digital marketing experts, and technology specialists, ValueSetters is a publicly-traded boutique advisory firm with unique expertise in helping early stage companies raise capital over the internet. The company also provides technology consulting services as well as strategic advice to help companies grow and evolve to meet the challenges of today's marketplace. For more information, visit our website at http://valuesetters.com.
GlobeNewswire•March 18, 2019
Highlights:
Operating profit of $17,548
Net income of $12,391
175% increase in revenues vs. 3Q18
$44,144 increase in cash balance vs. 4/30/18
Positive operating cash flow
BOSTON, MA, March 18, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- ValueSetters, Inc. (VSTR) announced positive operating earnings of $17,548 for the third quarter of fiscal 2019 and net income of $12,391. “We were pleased to report an operating profit this quarter, as a direct result of the strong growth in our consulting business,” said Cecilia Lenk, CEO. “Now that we have a proven track record in marketing private capital offerings, demand for our services has increased. In addition, we are receiving referrals from existing clients, which is helping to drive strength in our pipeline. As a result, we were able to grow sales by 175% vs. third quarter of last year and by 77% sequentially. We remain optimistic about our future growth prospects.”
We will be holding a conference call to review both our strategic outlook and third quarter earnings on Wednesday, March 27th at 12 p.m. ET. To access the call, dial either 800-346-7359 or 973-528-0008 and provide code 698785 to the operator. The name of the call is ValueSetters Earnings.
A slide presentation will be added to our website prior to the call and will be available on the Investors page, under Events & Presentations https://valuesetters.com/events-and-presentations.
For additional disclosure regarding operating results, please refer to the Quarterly Report on Form 10-Q for the period ended January 31, 2019, which has been filed with the Securities and Exchange Commission.
About ValueSetters:
Led by a team of professional investors, digital marketing experts, and technology specialists, ValueSetters is a publicly-traded boutique advisory firm with unique expertise in helping early stage companies raise capital over the internet. The company also provides technology consulting services as well as strategic advice to help companies grow and evolve to meet the challenges of today's marketplace. For more information, visit our website at http://valuesetters.com.
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1️⃣I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
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