Profire Energy (PFIE) Tops Q1 EPS by 1c

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Profire Energy Reports Financial Results for Fiscal First Quarter 2016

August 10, 2015 4:15 PM EDT

LINDON, Utah, Aug. 10, 2015 (GLOBE NEWSWIRE) -- Profire Energy, Inc. (NASDAQ: PFIE), a technology company which creates, installs and services burner and chemical management solutions in the oil and gas industry, today reported financial results for its fiscal first quarter of 2016 ended June 30, 2015. A conference call will be held on Monday, August 10, 2015 at 5:00 p.m. EDT to discuss the results.

Fiscal Q1 2016 Highlights

Cash at period-end totaled $17.2 millionNet cash provided from operating activities during the period totaled $2.9 millionSignificant cost reductions completed during the period; Operating Expenses... More