Integrated Alarm Systems Group Inc., the parent company of monitoring firm Criticom Int’l, says its first-quarter revenue for 2005 was up by more of a third, though its net loss more than doubled.
Revenue for the first quarter of fiscal 2005 was $24.5 million up 34.3 percent over the fiscal 2004 first quarter revenue of $18.2 million. The net loss for the quarter was $2.6 million compared to a net loss of $1.1 million in the first quarter of 2004.
The announcement comes on the heels of last week’s announcement by IASG of its full-year 2004 fiscal numbers.
