ETC Announces Fiscal 2025 Second Quarter Results
ENVIRONMENTAL TECTONICS (ETCC)
NASDAQ:AMEX Investor Relations:
etcusa.com/investors
Company Research
Source: GlobeNewswire
SOUTHAMPTON, Pa., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) today reported its financial results for the thirteen week period ended August 23, 2024 (the “2025 fiscal second quarter”) and the twenty-six week period ended August 23, 2024. Robert L. Laurent, Jr., ETC’s Chief Executive Officer and President stated, “We are pleased with the overall 56% increase in 2025 fiscal second quarter sales vs. prior year, as well our improvements in gross margin, operating margin and our $2.1 million increase in net income in the 2025 fiscal second quarter versus the prior year. We ended the 2025 fiscal second quarter with a backlog of $109 million. The large backlog positions us well moving forward.” 2025 Fiscal Second Quarter Results of Operations Net Income (Loss) Net income was $1.7 million, or $0.09 earnings per diluted share, in the 2025 fiscal second quarter, compared to net loss of ($0.4) million during the 2024 fis
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