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Company Contact: Jay C. Leatherman, CFO
Avitar, Inc.
781-821-2440 x139
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Avitar, Inc.
Summary of Financial Results
(in thousands, except per share amounts)
Quarter Ended June 30, Nine Months Ended June 30,
2007 2006 2007 2006
Sales $779 $1,202 $2,440 $3,162
Operating Expenses:
Cost of Sales 562 875 1,803 2,245
Selling,
General and
Administrative 742 913 2,528 2,861
Research and
Development 72 110 245 349
Total Operating
Expenses 1,376 1,898 4,576 5,455
Operating Loss (597) (696) (2,136) (2,293)
Other Income (Expenses) 918 (607) 651 (1,003)
Income (Loss) From
Continuing
Operations 321 (1,303) (1,485) (3,296)
Discontinued
Operations:
Loss form the
Operations of
BJR (20) (26) (57) (80)
Income from the
Disposal of
USDTL - - - 120
Income (Loss)
from Discontinued
Operations (20) (26) (57) 40
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SOURCE Avitar, Inc.![]() Copyright©2007 PR Newswire. |