Innovest Global Inc. revised earnings results for the first quarter of 2019. On July 29, 2019, the company posted revised first quarter results. The primary revision was an increase in net sales to $12.8 million from previously reported $11.7 million. The most notable effect of the revisions is an increase in gross profit to $1.0 million, from a previous reported gross loss of $293,000. Obtaining the specific information that resulted in these changes had been delayed due to an accounting system transition of an entity acquired at the end of 2018. Notable information from the financial report: First quarter net sales of $12.8 million are highest ever with 1,716% growth over first quarter prior year and 190% over previous quarter. Net income was $2.0 million after gain on non-operating income; first positive net income in company history. Operating loss was $329,000. Basic EPS was $0.014.