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Profire Energy Reports Financial Results for Fiscal Third Quarter of 2016

February 8, 2016 4:15 PM EST

LINDON, Utah, Feb. 08, 2016 (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 third quarter ended December 31, 2015. A conference call will be held on Tuesday, February 9, 2016 at 1:00 p.m. EST to discuss the results.

Fiscal Q3 2016 Highlights

Total revenues of $7.6 millionNet income of $478,799 or $0.01 per diluted shareCash at period-end totaled $19.3 millionGenerated positive cash flowRemained debt-free

Fiscal Q3 2016 Financial... More