Highlighted Operating Results for the First Quarter of 2022
- Revenue for 1Q2022 was
$358,772 compared to$278,124 for 1Q2021, a 29% improvement from the comparative quarter in the previous year. - Gross Profit for 1Q2022 was
$175,247 compared to$139,126 for 1Q2021, a 26% improvement from the comparative quarter in the previous year. - Net Income before income taxes for 1Q2022 was
$75,209 compared to$47,525 for the 1Q2021, a 58% improvement from the comparative quarter in the previous year.
“As we have come to expect over the past several years, the first quarter is frequently our slowest quarter of the year. Nonetheless, I see the year-over-year improvement – as well as record revenues for this period – as an encouraging sign. We look ahead with optimism for continued success throughout the rest of 2022.” stated
About
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Contact:
Phone: +1 908-386-2880
Email: info@omidholdingsinc.com
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