Reconditioned Systems Inc. Reports Unaudited Financial Results for the Second Quarter and Six Months Ended September 30, 2014
November 13, 2014
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Reconditioned Systems Inc. reported unaudited financial results for the second quarter and six months ended September 30, 2014. For the quarter, the company reported sales of $3,349,197 against $2,759,604 a year ago. Income from operations was $204,835 against $94,491 a year ago. Net income before provision for income taxes was $159,035 against $307,577 a year ago. Net income was $96,566 against $186,758 a year ago. Diluted earnings per common and equivalent share were $0.10 against $0.19 a year ago.
For the six months, the company reported sales of $6,116,663 against $5,086,371 a year ago. Income from operations was $337,702 against $92,895 a year ago. Net income before provision for income taxes was $253,620 against $152,317 a year ago. Net income was $154,000 against $92,484 a year ago. Diluted earnings per common and equivalent share were $0.16 against $0.09 a year ago.
Reconditioned Systems, Inc. is engaged in the manufacturing and sale of office workstations comprised of panel systems to customers located throughout the United States and Canada. The Company markets its products primarily in the continental United States. In addition, the Company specializes in remanufacturing of original equipment manufacturers (OEM) line of office workstations. The Companyâs products include workstations, office, tables, sit-to-stand, storage, and accessories. Its workstations products include EZcube Plus, EZcube and Echo Squared. Its office product consist of EZdesk, which provides solution for the private office. Its tables products include crucial, rigid, slant and sculpt tables. Its sit-to-stand products include pivot and clever tables. Its storage product consist of Echo Storage. Its accessories products include echo add-on panels, laminate privacy screens and desktop power.
MAXX SPORTS TV INC. 
