Guardian Int’l Q1 Revenues Up 5% From 2001
Guardian Int’l Inc. reports revenues for the first quarter ended March 31 were $5.4 million, compared to $5.1 million in the first quarter of 2001.
Monitoring revenues for the first quarter were $3.5 million, a 5-percent increase from the prior year ($3.3 million). Monthly recurring revenues (MRR) increased 8 percent to $1.2 million from $1.1 million in 2001.
The net loss applicable to common stock was $1.2 million, or 13 cents per share, for the three months ended March 31 compared to $1.4 million, or 16 cents per share, for the same quarter in 2001. MRR attrition for the 12 months ended March 31 remained under 10 percent.
Guardian provides security, fire, structured cable, access control and CCTV integration and monitoring services to both commercial and residential markets.
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