"We are glad that this quarter's results reflect the implementation of the first stage of our turnaround plan, which we started during the last quarter of 2018," CEO Eli Yaffe said in a statement.
Net profit was $0.12 per diluted share compared to a net loss of $0.33 per diluted share, in the first quarter of 2018, even as revenues dipped to $8.7 million from $8.9 million over the comparable period. No analysts' estimates were available.
Price: 6.90, Change: +5.26, Percent Change: +320.73
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