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Los Angelas, CA -- (SBWIRE) -- 01/22/2013 -- Mikros Systems Corporation (PINK:MKRS) recently reported its third quarter and nine month results.
Revenues for the nine months ending September 30, 2012 remained almost $2.4 million, as compared to $3.1 million during the same time period of a year ago. The company reported net income of $13,000 for the nine months, versus net income of $17,000 in the same time period of the previous year.
The company reported net income of almost $118,000 during fiscal third quarter of 2012, in comparison to the net income of $1,000 in the same quarter of fiscal year 2011.
Mikros Systems Corporation reported quite optimistic performance in its last three months and one month as it gained 25% and 11.11%, respectively. Also it reported an upsurge during itslast 5 days of trading. The company’s past 52- week range is $0.02 – $0.14 while its average trading volume is 7,140.00, and its beta value stands at $0.55.
Mikros was selected as a small business partner on the Northrop Grumman CANES team for its proficiency in wireless network systems planning and installation support. Mikros has designed, planned, and supported installations of wireless networks aboard multiple classes of U.S. Navy ships. This capability should prove valuable to the CANES program.
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