Diversified Security Solutions Reports Second Quarter Results
SADDLE BROOK, N.J.
Diversified Security Solutions Inc., a turnkey provider of technology-based integrated electronic security solutions, announced its unaudited financial results for the second quarter ended June 30, 2003.
Sales for the three-month period ended June 30, 2003 were $3.5 million representing a decrease of $693,914 from $4.2 million for the same quarter a year ago. For the second quarter of 2003, the company reported a net loss of $966,081, or 19 cents per share on 5,138,357 shares outstanding.
Sales for the six-months ended June 30, 2003 were $7.2 million, representing a decrease of $167,595 from $7.4 million for the same six-months in 2002. The company reported a net loss of $1.6 million or 32 cents compared to a net income of $86,329 or 2 cents for the same period a year ago.
If you enjoyed this article and want to receive more valuable industry content like this, click here to sign up for our FREE digital newsletters!
Related Content
Security Is Our Business, Too
For professionals who recommend, buy and install all types of electronic security equipment, a free subscription to Commercial Integrator + Security Sales & Integration is like having a consultant on call. You’ll find an ideal balance of technology and business coverage, with installation tips and techniques for products and updates on how to add to your bottom line.
A FREE subscription to the top resource for security and integration industry will prove to be invaluable.
