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GVI Security Solutions Inc., Turnaround Moving Full Speed Ahead As Company Reports Record First Quarter 2007 Profits Exceeding Guidance Estimates.
0 Comments | M2 Presswire, May, 2007
M2 PRESSWIRE-14 May 2007-WallStreetIdeas.com: GVI Security Solutions Inc., Turnaround Moving Full Speed Ahead As Company Reports Record First Quarter 2007 Profits Exceeding Guidance Estimates(C)1994-2007 M2 COMMUNICATIONS LTD RDATE:14052007 GVI Security Solutions, Inc. (OTCBB: GVSS), delivered impressive proof of their rapid turnaround today as they beat profit guidance and reported the results of their first quarter ending March 31, 2007.
The rapid turnaround has seen their results transformed to a profit of $160,000 this quarter, from a net loss of $2.6 million in the first quarter of 2006. Perhaps more importantly, the company's management has shown that they have the ability to execute on their game plan. With the profitability of their renewed focus...
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