LAVAL, QU – 20-20 Technologies Inc. announced the results for the second quarter for fiscal 2007, which ended April 30. Revenues increased 8.6% to $17.5 million, operating income increased 31.5% to $2.5 million and European revenue increased 20.1%.
“The record revenues and robust operating income 20-20 achieved in the second quarter of fiscal 2007 were driven through essentially organic growth,” said Jean Mignault, co-chairman of the board and CEO. “Our successful financial performance reinforces our commitment to capture further growth opportunities in new and emerging markets and to optimize our operations.”
In other news, 20-20 was awarded first place for the 2007 Best of NeoCon Awards for its 20-20 Office Sales, featuring the new Idea Center. This marks the third Best of NeoCon Award for 20-20 in five years. Read more.
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