Reconditioned Systems, Inc. Reports Earnings Results for the Third Quarter Ended December 31, 2019
March 13, 2020 at 02:07 am EDT
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Reconditioned Systems, Inc. announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced sales was USD 2.085 million compared to USD 2.869 million a year ago. Operating loss was USD 63,832 compared to operating Income of USD 82,399 a year ago. Net loss was USD 58,126 compared to net income of USD 52,357 a year ago. Basic loss per share was USD 0.06 compared to basic earnings per share of USD 0.05 a year ago. For the nine months, sales was USD 6.848 million compared to USD 8.149 million a year ago. Operating loss was USD 107,822 compared to operating Income of USD 37,292 a year ago. Net loss was USD 113,657 compared to USD 9,178 a year ago. Basic loss per share was USD 0.12 compared to USD 0.01 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 Company's 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. 
