Ieri è scattato il buy come da report, questa la news di oggi hehehehhe
Versar, Inc. Announces Preliminary Year End Results With Revenue Exceeding $100 Million
Last Update: 9:10 AM ET Aug 14, 2007
SPRINGFIELD, Va., Aug 14, 2007 (BUSINESS WIRE) -- Versar, Inc. (VSR) today announced preliminary revenue results for the fiscal year ended June 29, 2007. Revenue for fiscal year 2007 of over $100 million exceeded revenue in the prior year by over 60% up from $60.9 million reported in fiscal year 2006.
Versar, as of June 29, 2007, had a strong funded backlog of $57 million. That funded backlog, along with the previously announced contract award by the Air Force of $24.9 million in early July, sets a strong foundation for the Company moving into fiscal year 2008.
Dr. Theodore M. Prociv, President and CEO, stated, "Our results reflect that we have moved our Company through its transformation successfully. I am very encouraged by our performance in the past fiscal year and look forward to the future with great optimism. Management decisions have begun to show positive benefits to our Company and to our shareholders. Our primary focus in the future will continue to be on increasing our growth, both on the top and bottom lines, to even further increase shareholder value."
The above preliminary financial information is un-audited and potentially subject to further adjustment upon completion of the fiscal 2007 audit. The Company plans to release final, audited financial results on Monday, September 10, 2007.
