AFP shows strong Q4, year-end sales

AFP Imaging of Elmsford, NY, reported growth in revenues for the company's 2006 fiscal year (end-June 30).

Full-year revenues were $25 million, an increase of 8% compared with the $23.1 million in the same period last year. Net income for the year was $1 million, a downturn compared with net income of $1.9 million booked in the same period of fiscal 2005.

For the fourth quarter, AFP reported sales of $6.33 million, up 3% compared with $6.16 million in the corresponding quarter of 2005. Fourth-quarter net income was $314,000, a downturn compared with $516,000 in the same period of 2005.

By AuntMinnie.com staff writers
September 20, 2006

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