Reconditioned Systems Inc. Announces Unaudited Earnings Results for the Third Quarter and Nine Months Ended December 31, 2012
February 08, 2013
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Reconditioned Systems Inc. announced unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company announced sales of $2,864,517 compared to $3,046,517 for the same period a year ago. Net income before provision for income taxes was $127,672 compared to $178,001 for the same period a year ago. Net income was $77,523 compared to $122,937 for the same period a year ago. Basic and diluted earnings per share were $0.08 compared to $0.12 for the same period a year ago.
For the nine months, the company announced sales of $8,277,869 compared to $10,175,367 for the same period a year ago. Net income before provision for income taxes was $212,865 compared to $751,352 for the same period a year ago. Net income was $131,907 compared to $472,612 for the same period a year ago. Basic and diluted earnings per share were $0.13 compared to $0.47 for the same period 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. 
