Southwall Announces Q3 2007 Results

Southwall Technologies Inc. (OTCBB:SWTX) announced third quarter 2007 revenue of $9.249 million compared to $9.597 million in the third quarter of 2006, a 3.63% decrease.

The decrease was primarily due to a decline in revenue relating to the electronic display products partially offset by an increase in window film and automotive glass products.

Third quarter 2007 net income was $250 thousand, earnings per fully diluted share was zero, compared to a net loss of $2.721 million or ($0.11) per fully diluted share for the third quarter of 2006. The increase was primarily due to $3.23 million lower operating expenses and $500 thousand in other income from a Technology Transfer and Service Agreement.

Our cash and cash equivalents at the end of the third quarter were $4.775 million.

Mr. Dennis Capovilla, President, said, "We are pleased to report our third consecutive quarter of profitability, which is a direct result of our focus on streamlining our infrastructure and directing our attention to core energy markets."

600450 Southwall Announces Q3 2007 Results glassonweb.com

See more news about:

Others also read

PALO ALTO, Calif.--(BUSINESS WIRE)--Southwall Technologies Inc. (NASDAQ:SWTX), an energy efficiency company that develops and manufactures high-performance films and glass products that save energy and reduce carbon emissions in buildings, homes and cars, announced third quarter 2011 revenues of $13.6 million, an increase of 12% from third quarter 2010 revenues of $12.2 million.
New Quad-Cavity R20 glass can outperform the energy efficiency of wallsGreenbuild 2011Booth #3128SPALO ALTO, Calif.--(BUSINESS WIRE)--Southwall Technologies Inc. (NASDAQ:SWTX), the worldwide innovator of energy-saving films and glass products, today announced the world’s highest performing insulating glass (IG).
Complementary technologies provide dynamic solar heat reduction and superior thermal insulation to maximize energy savings for building ownersPALO ALTO, Calif., Sep 27, 2011 (BUSINESS WIRE) -- Today Southwall Technologies Inc.
Southwall Technologies Inc., an energy efficiency company that develops and manufactures high-performance films and glass products that save energy and reduce carbon emissions in buildings, homes and cars, announced fourth quarter 2010 revenue of $10.5 million, an increase of 22% as compared to the fourth quarter of 2009, reflecting stabilizing markets for our products.
PALO ALTO, Calif., Sep 01, 2010 (BUSINESS WIRE) -- Southwall Technologies Inc., (OTCBB:SWTX), today announced the acquisition of Crown Operations International, a Wisconsin-based processor of high-performance, heat-reflective interlayers that improve the energy-efficiency of laminated glass in buildings, homes and cars.
PALO ALTO, Calif., Aug 20, 2010 (BUSINESS WIRE) -- Southwall Technologies Inc. (OTCBB: SWTX) announced second quarter 2010 revenue of $11.8 million, an increase of 42% from second quarter 2009 revenues of $8.3 million, and up approximately 13% from first quarter 2010 revenues of $10.5 million.

Add new comment