Electronic Tele-Communications Inc. Announces Unreviewed Earnings Results for the Third Quarter and Nine Months of 2015
December 07, 2015 at 12:20 pm EST
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Electronic Tele-Communications Inc. announced unreviewed earnings results for the third quarter and nine months ended September 30, 2015. For the quarter, the company announced sales of $202,136 compared to $276,586 for the third quarter of 2014. The net loss for the quarter was $114,266 or $0.05 per Class A common share, compared to a net loss of $67,704 or $0.03 per Class A and class B common share for the third quarter of 2014. Loss from operations was $106,658 compared to $61,826 a year ago. Loss before income taxes was $114,266 compared to $67,704 a year ago.
For the nine months ended, the company announced, sales of $624,318 compared to $1,220,583 compared to $1,220,583 a year ago. Loss from operations of $310,871 compared to $27,876 a year ago. Net loss was $331,916 or $0.13 per Class A and class B common share, compared to net loss for the first nine months of 2014 of $45,547 or $0.02 per Class A common share. Loss before income taxes was $331,916 compared to $45,457 a year ago.
Electronic Tele-Communications, Inc. designs, manufactures, and markets digital voice information systems and related services. Its equipment provides a range of audio and computer information and call handling capabilities via telephone networks, computer networks, and the Internet. Its digital voice information systems deliver network interoperability and various applications. Its applications include automatic callback, changed number with call completion, repeat dialing, and wake-up/reminder services enable providers to differentiate themselves from their competition. It offers a range of services, which include professional recording, turn-key installations, on-site trainings, and 24-hour technical support. It provides time weather temperature systems and related services. Its customers include independent telephone companies, long distance companies, wireless carriers, cable companies, utilities, telecommunications manufacturers, and other businesses and organizations.
ELECTRONIC TELE-COMMUNICATIONS, INC. 