Quick Facts
FONT-SIZE Plus   Neg
Share SHARE
mail  E-MAIL

Pervasip Turns To Profit In Q1

4/24/2012 12:52 PM ET

Pervasip Corp. (PVSP.PK), cloud-based voice and video communication solutions provider, reported first -quarter net income of $3.2 million or $0.02 per share, compared to a net loss of $0.8 million or $0.08 per share last year.

Revenues for the quarter declined to $275,497 from $319,671 a year ago.

Click here to receive FREE breaking news email alerts for PERVASIP CORP and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Following the strong upward move seen over the past few sessions, stocks may give back some ground in early trading on Wednesday. The major index futures are currently pointing to a modestly lower open for the markets, with the Dow futures down by 6 points. Eurozone private sector started the second quarter on a solid footing with activity growth the fastest in nearly three years in April, but firms continued to slash prices, fueling fears that deflationary pressures are intensifying. The purchasing managers survey's composite output index rose to 54.0 in April from 53.1 in March, data from Markit Economics showed Wednesday. Researchers have developed a new process to produce large volumes of high quality graphene, described as a wonder material. The new method was developed by a research team led by Prof Jonathan Coleman of AMBER, the Science Foundation Ireland funded materials science center headquartered at Trinity College, Dublin. Graphene is a single-atom thick sheet of carbon. It is extremely light and str
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.