17 March 2014
Passur Aerospace, Inc. (OTC: PSSR) said it reported an increase in revenue of eight percent to USD2,896,000 for the three months ended January 31, 2014, compared to USD2,675,000 for the same period in fiscal year 2013.
For the three months ended January 31, 2014, income from operations was USD168,000 compared to USD114,000 in the same period of the previous fiscal year, an increase of 47 percent over the prior year. For the three months ended January 31, 2014, net income was USD64,000 or USD.01 per diluted share compared to USD12,000 or USD.00 per diluted share, in the same period in fiscal year 2013.
Passur Aerospace is an aviation business intelligence and Big Data company that provides predictive analytics built on proprietary algorithms and the concurrent integration and simultaneous mining of multiple databases. Its website is at www.passur.com.