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Technology / AI and automation

COMPANY RESULT: ADVANCED COMMUNICATIONS SYSTEMS INC

Advanced Communications Systems Inc, has reported fourth quarter net profits up 99.5% at $756,000 on revenue up 46.2% at $16.7m; net profits for the year to September 30 were up 73.8% at $2.1m on revenue that rose 64.8% to $52.2m. Net earnings per share increased by 44.4% to $0.13 in the quarter, up 63.0% to $0.44 in the year.

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CBR Staff Writer

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