Reconditioned Systems Inc. Reports Unaudited Financial Results for the Second Quarter and Six Months Ended September 30, 2013
November 07, 2013
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Reconditioned Systems Inc. reported unaudited financial results for the second quarter and six months ended September 30, 2013. For the quarter, the company reported sales of $2,759,604 against $2,849,375 a year ago. Income from operations was $94,491 against $61,100 a year ago. Net income before provision for income taxes was $307,577 against $72,575 a year ago. Net income was $186,758 against $46,723 a year ago. Diluted earnings per common and equivalent share were $0.19 against $0.05 a year ago.
For the six months, the company reported sales of $5,086,371 against $5,413,352 a year ago. Income from operations was $92,895 against $135,777 a year ago. Net income before provision for income taxes was $152,317 against $85,193 a year ago. Net income was $92,484 against $85,193 a year ago. Diluted earnings per common and equivalent share were $0.09 against $0.05 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. 
