Source: GlobeNewswire (MIL-OSI)
RANCHO CUCAMONGA, Calif., June 09, 2021 (GLOBE NEWSWIRE) AGent Information Software (AIFS), the parent company of Auto-Graphics, Inc. (A-G), released first quarter 2021 financials today.
AIFS reported a net income of $120,398, a $40,000 increase from the same period in 2020. Continued growth of the recurring revenue base resulted in an increase from 2020 to $1,290,874. This growth is entirely in the company’s library division, as it has terminated their publishing business to focus on their library sector. AIFS reported EPS of $0.03 on weighted average shares outstanding of 4,484,577. Cash flow continued to be strong into the first quarter of 2021.
The company is making investments in new/improved product features by hiring additional developers and programmers, with the intention of bolstering its market position.
AGent Information Software (AIFS) Publishes 2021 First Quarter Financials
June 09, 2021 17:51 ET | Source: Auto-Graphics, Inc. Auto-Graphics, Inc. Rancho Cucamonga, California, UNITED STATES
RANCHO CUCAMONGA, Calif., June 09, 2021 (GLOBE NEWSWIRE) AGent Information Software (AIFS), the parent company of Auto-Graphics, Inc. (A-G), released first quarter 2021 financials today.
AIFS reported a net income of $120,398, a $40,000 increase from the same period in 2020. Continued growth of the recurring revenue base resulted in an increase from 2020 to $1,290,874. This growth is entirely in the company’s library division, as it has terminated their publishing business to focus on their library sector. AIFS reported EPS of $0.03 on weighted average shares outstanding of 4,484,577. Cash flow continued to be strong into the first quarter of 2021.
Quarterly Results
Earnings per share rose 186.96% over the past year to $0.66, which beat the estimate of $0.50.
Revenue of $231,200,000 higher by 34.42% from the same period last year, which missed the estimate of $232,000,000.
Guidance
10x Genomics hasn t issued any revenue guidance for the time being.
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Date: May 13, 2021
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AGent Information Software (AIFS) Publishes 2020 Audited Financials forextv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forextv.com Daily Mail and Mail on Sunday newspapers.