Armanino Foods of Distinction, Second Quarter Financial Results

 


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10K-10Q


April 26, 2006
First Quarter
Financial Results


 

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Armanino Foods of Distinction, Inc.
Results for Quarter Ended  6/30/06
(Unaudited)
 

    2006

    2005

Net Sales

$ 4,378,386

$3,622,038

Income From Cont. Operations Before Taxes

479,451

307,419

Net Income

332,467 202,897

Basic Income Per Common Share 

0.02 0.01

Weighted Average Common Shares Outstanding

17,318,190

17,357,410

Diluted Income/(Loss)  Per Common Share

0.02

0.01

Diluted Weighted Average Common Shares Outstanding

17,549,462

*18,049,240

*Note: Shares shown at post 5:1 split of Dec. 2005


Results for 6-Months Ended 6/30/06
(Unaudited)
 

2006

     2005

Net Sales

$8,110,403

$6,751,305

Income From Cont. Operations Before Taxes

696,428

342,282

Net Income

504,823

225,906

Basic Income Per Common Share

0.03

0.01

Weighted Average Common Shares Outstanding

17,318,190

17,262,500

Diluted Income/(Loss) Per Common Share

0.03

0.01

Diluted Weighted Average Common Shares Outstanding

 17,632,629

*17,985,265

*Note: Shares shown at post 5:1 split of Dec. 2005

For More Information Contact: Don Rosendale, Don Rosendale & Partners donpr1@aol.com, 845-373-9017

This press release contains forward-looking statements within the meaning of U.S. securities laws. These forward looking statements are subject to certain risks and uncertainties that could cause the actual results to differ materially from those projected. The Company assumes no obligation to update the information included in this press release.

 

© 2006 Armanino Foods of Distinction, Inc.
email questions to webmaster@armanino.biz
Revised: September 28, 2006