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Secured Digital Applications, Inc.
Secured Digital Announces First Quarter 2008 Financial Results
June 2nd, 2008
Secured Digital Applications, Inc. (OTCBB:SDGL), a provider of mobile communication, outsourced business and information technology consulting services announced record revenues of $14.5 million in the first quarter of 2008 as a result of increased sales of multimedia and information technology consulting services.
In its quarterly report filed with the Securities and Exchange Commission, the company reported that revenues increased by 40 percent from the first quarter of 2007, a gain of $4.14 million, while gross profits increased by 80 percent from $690,627 to $1,242,457. Net Income was $699,456, compared to $311,100 in the 2007.
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Source: Investment Weekly News (2008-06-02)