Intelligent Systems (INS) Swings to Q2 Loss
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Intelligent Systems Announces Second Quarter 2015 Results
August 14, 2015 8:00 AM EDTNORCROSS, Ga., Aug. 14, 2015 (GLOBE NEWSWIRE) -- Intelligent Systems Corporation (NYSE MKT: INS) announced today its financial results for the three and six month periods ended June 30, 2015.
For the year-to-date period ended June 30, 2015, the company recorded net income attributable to Intelligent Systems Corporation of $17,504,000 ($1.97 per basic share and $1.95 per diluted share), compared to a net loss attributable to Intelligent Systems of $452,000 ($0.05 per basic and diluted share) in the six month period in 2014. The dramatic change between periods reflects the gain on sale of the company's former ChemFree subsidiary on March 31, 2015.
For the three... More
