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Aduddell Industries Reports 2007 Second Quarter Results; Mid-Year Backlog Increases Nearly 28% to $23 Million.

Publication: Business Wire
Publication Date: 14-AUG-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
OKLAHOMA CITY -- Aduddell Industries, (OTCBB: ADDL) today reported its financial results for the three and six month period ended June 30, 2007.

For the second quarter of 2007, the Company reported revenues of $14.4 million, and a net loss of $743,318. This compares with revenues in the second quarter of 2006 of $8.6 million and a net profit of $186,982. Revenues for the first six months of 2007 were $24.4 million, up 97% compared to $12.4 million...

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