Puradyn Filter Technologies Inc. Announces Consolidated Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2015
November 13, 2015 at 05:17 pm EST
Puradyn Filter Technologies Inc. announced consolidated unaudited earnings results for the third quarter and nine months ended September 30, 2015. For the quarter, the company reported net sales of $413,359 compared with $829,402 for the same period a year ago. Loss from operations was $310,226 compared with $217,238 for the same period a year ago. Loss before income taxes was $386,523 compared with $282,073 for the same period a year ago. Net loss was $386,523 or $0.01 per basic and diluted share compared with $282,073 or $0.01 per basic and diluted share for the same period a year ago.
For the nine months, the company reported net sales of $1,639,688 compared with $2,496,584 for the same period a year ago. Loss from operations was $759,563 compared with $565,823 for the same period a year ago. Loss before income taxes was $974,665 compared with $751,676 for the same period a year ago. Net loss was $974,665 or $0.02 per basic and diluted share compared with $751,676 or $0.02 per basic and diluted share for the same period a year ago.