Reconditioned Systems, Inc. Reports Earnings Results for the Fourth Quarter Ended March 31, 2020
May 15, 2020 at 02:15 am EDT
Share
Reconditioned Systems, Inc. announced earnings results for the fourth quarter ended March 31, 2020. For the fourth quarter, the company announced sales was USD 2.070 million compared to USD 2.668 million a year ago. Operating income was USD 14,355 compared to USD 95,729 a year ago. Net income was USD 3,403 compared to USD 59,307 a year ago. Basic eps was USD 0 compared to USD 0.06 a year ago. For the full year, sales was USD 8.918 million compared to USD 10.817 million a year ago. Operating loss was USD 93,458 compared to operating Income of USD 133,025 a year ago. Net loss was USD 110,247 compared to net income of USD 50,133 a year ago. Basic loss per share was USD 0.12 compared to basic earnings per share of USD 0.05 a year ago.
Reconditioned Systems, Inc. is engaged in the manufacturing and sale of office workstations comprised of panel systems to customers located throughout the United States and Canada. The Company markets its products primarily in the continental United States. In addition, the Company specializes in remanufacturing of original equipment manufacturers (OEM) line of office workstations. The Companyâs products include workstations, office, tables, sit-to-stand, storage, and accessories. Its workstations products include EZcube Plus, EZcube and Echo Squared. Its office product consist of EZdesk, which provides solution for the private office. Its tables products include crucial, rigid, slant and sculpt tables. Its sit-to-stand products include pivot and clever tables. Its storage product consist of Echo Storage. Its accessories products include echo add-on panels, laminate privacy screens and desktop power.
MAXX SPORTS TV INC. 
