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Inscape Turns To Breakeven Profit In Q2 - Quick Facts

Office systems maker Inscape Corp. (INQ.TO: Quote) Thursday, reported a modest profit for the second quarter of C$72 thousand or C$0.01 per share, as opposed to a loss of C$244 thousand or C$0.13 per share in the year-ago quarter.

Sales for the quarter dropped 16.7 percent to C$18.2 million from C$21.9 million last year, reflecting a decrease in sales caused by a drop in project volume during the quarter, said Office systems.

Meanwhile, gross margin increased 28.8 percent from last year.

by RTT Staff Writer

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