Reliability Incorporated Announces Financial Results for the Fiscal Year Ended December 31, 2019
May 04, 2020 at 11:34 pm IST
Reliability Incorporated announced financial results for the fiscal year ended December 31, 2019. For the year, revenues were $38.4 million, a 2% increase, as compared to $37.6 million for the prior fiscal year. Net profit was $195,000, a 49% decrease, as compared to $386,000 for the prior year. Operating Income Before Interest, Taxes, Depreciation and Amortization was $1.3 million, a 24% increase, as compared to $1.0 million for the prior year.