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cardsnmore.com / press_releases / lasercard_corporation_reports_financial_results_for_fy09_second_quarter.html

LaserCard Corporation Reports Financial Results for FY09 Second Quarter

30.10.2008 - LaserCard Corporation (NASDAQ:LCRD), a leading supplier of secure ID solutions, today announced the financial results for its fiscal 2009 second quarter ended September 30, 2008.

Revenues for the second quarter of fiscal 2009 were $13.5 million, compared with $10.7 million in both the prior quarter and the same quarter a year ago. The net profit for the second quarter of fiscal 2009 was $239,000, or $0.02 per diluted share, compared with a net loss of $1.3 million or ($0.11) per diluted share in the prior quarter, and a net loss of $498,000, or ($0.04) per diluted share in the same quarter a year ago.

LaserCard optical memory card revenues for the quarter were $8.63 million, up from $5.91 million in the first quarter of fiscal 2009. Revenues from specialty cards and printers totaled $3.93 million, compared with $3.63 million recorded in the previous quarter. Drives, systems and services segment revenue for the quarter was $0.91 million, compared with $1.18 million in the first quarter.
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