Global Axcess Corp. Continues to Increase Profitability

Friday 17 October 2003 13:42 CET | News

Global Axcess has announced that it expects to report record operating profit and record pre-tax income for its third fiscal quarter, ended September 30, 2003.

Based on an internal preliminary review of the Companys third quarter financial performance, management expects to report between $130,000 and $150,000 in pre-tax income on revenues of approximately $2.3 million to $2.5 million. This will represent a notable improvement over the prior years third quarter results, which reflected only $20,000 in pre-tax profits from similar revenues of $2.5 million. Actual results for the current three and nine-month periods, ended September 30, 2003, are scheduled for release on or before November 14, 2003.

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Categories: Payments & Commerce | Payments General
Countries: World
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