WPCS Int'l (WPCS) Reports Q3 Loss of $0.33/Share
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WPCS Announces Financial Results for Third Quarter Ended January 31, 2017
March 16, 2017 9:00 AM EDTSUISUN, CA -- (Marketwired) -- 03/16/17 -- WPCS International Incorporated (NASDAQ: WPCS), a full-service low-voltage solutions provider in the business of developing, installing and servicing integrated structured cabling, audio-visual and security systems, today announced its financial results for the third quarter ended January 31, 2017.
Sebastian Giordano, CEO of WPCS, commented, "For the three and nine months ended January 31, 2017, we incurred an operating loss of $473,000 and $1,632,000, as compared to operating losses of $823,000 and $3,174,000 for the comparable periods in 2016. Meanwhile, our backlog has increased $3,302,000, or 23.8%, to $17,138,000 from $13,836,000 for the same period last... More
