Keep a close eye on Infosonics (IFON)

Keep a close eye on Infosonics (IFON)

Posted in the Spring Lake Forum

Since: Sep 13

Henderson, NV

#1 Nov 6, 2013
Keep a close eye on Infosonics (IFON). Check this out:

IFON reported a profitable quarter driven by an 84% increase in sales of its verykool(R) products over the same period last year, as well as its fourth consecutive quarter of record unit shipments. IFON shipped 477,000 handsets this quarter, a 166% increase compared to unit shipments in the particularly soft third quarter last year.

For the third quarter of 2013, IFON posted net sales of $9.9 million, an 84% increase year over year, gross profit of $1.8 million, a 60% increase compared to the same period the prior year, reflecting the significantly higher level of net sales, and net income for the third quarter of 2013 was $34,000, or $0.00 per share, compared to a net loss of $1.2 million, or $0.08 per share, in the third quarter of 2012.

Full article at

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Spring Lake Discussions

Title Updated Last By Comments
drugs in fayetteville Jun 26 somegurl 1
News Fort Bragg paratrooper dies while training (Nov '11) Jun 25 Proud Infidel 11
News Gangs Spreading In The Military (Aug '07) Jun 25 Roach 356
News Man arrested in 2010 Bonnetsville store break-in Jun 21 Goldenhairsurprise 1
Review: Tint Plus (Oct '11) Jun 15 charles 14
Cheater Jun 13 Snowflakeheart 1
News Weird 6 mins ago 10:28 a.m.Classroom horror vid... Jun 12 Pope Closet Emeritus 2
More from around the web

Personal Finance

Spring Lake Mortgages