STCC .23 Profits! Again! financials are out! Succe
Post# of 102244
STCC .23 Profits! Again! financials are out! Successive profitable quarters since 2009!
http://finance.yahoo.com/news/sterling-consol...00757.html
Key Highlights:
Filed a Form S-1 to become a publicly traded company on the Over-The-Counter Bulletin Board market as of March 11, 2013
STCC has been profitable quarter over quarter since 2009
Significantly improved Accounts Receivables to Accounts Payables ratio
Completed and published new Sterling Consolidated website available at www.sterlingconsolidated.com
Revenues for the first quarter of 2013 were $1,663,150, compared to $1,741,432 for the same period in 2012. Gross profit for the first quarter of 2013 was $596,418, a slight increase from $559,695 for the same period in 2012.
The Company's operating income for the first quarter of 2013 was $180,960 compared to operating income of $142,637 in the first quarter of 2012. Net income for the period was $110,922, or $0.0030 per diluted share, compared to net income of $92,639, or $0.0026 per diluted share, in the comparable period in 2012.
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