FAB Universal Corporation reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2013. For the quarter, the company reported revenue was $25,857,239 against $870,164 a year ago. Income from continuing operations was $7,447,782 against loss of $523,014 a year ago. Income from continuing operations before income taxes $7,388,005 against loss of $516,667 a year ago. Net income from continuing operations was $5,729,163 against loss of $516,667 a year ago. Net income was $5,729,163 against loss of $330,139 a year ago. Basic and diluted per share from continuing operations was $0.28 against $0.06 loss per share a year ago. Basic and diluted per share was $0.28 against loss per share of $0.04 a year ago.

For the six months, the company reported revenue was $48,493,632 against $1,717,483 a year ago. Income from continuing operations was $11,704,409 against loss of $1,624,755 a year ago. Income from continuing operations before income taxes $11,634,844 against loss of $1,619,572 a year ago. Net income from continuing operations was $8,733,160 against loss of $1,619,572 a year ago. Net income was $8,733,160 against loss of $1,327,368 a year ago. Basic and diluted per share from continuing operations was $0.42 against $0.19 loss per share a year ago. Basic and diluted per share was $0.42 against loss per share of $0.16 a year ago.

Based on performance to date, the company remains confident that will achieve revenue of $98.9 million to $102.6 million and net income of $19.3 million to $20.1 million for the full year of 2013.