Detail akcie Fortran online

Business Summary: Fortran Corporation is a telecommunication system integrator dedicated to designing, implementing and maintaining complex telecommunications solutions focused on cloud based and artificial intelligence (AI) services. The Company is primarily engaged in the sales, installation, and service of telecommunication systems in North Carolina and South Carolina. The telecom segment consists of three operating units. Its subsidiary, B & L Telephone, LLC, is focused on business and governmental clients throughout North Carolina. The Company's subsidiaries, Fortran Communications, Inc. and Intech Systems of South Carolina, Inc., are focused on business and governmental clients throughout South Carolina. It has direct distribution contracts with Optus, Intermedia and Forerunner Technologies. It also offers its clients a range of complimentary products including cabling, fiber connectivity, SIP trunks, paging, access and control systems and security (including facial recognition technology).
Financial Summary: BRIEF: For the fiscal year ended 30 June 2014, Fortran Corp revenues decreased 20% to $3.4M. Net loss totaled $73K vs. income of $390K. Revenues reflect Equipment Salesand Services decrease of 19% to $2.7M, Managed Services decrease of 24% to $639K. Net loss reflects OtherIncome decrease of 73% to $35K (income), Selling/Gen./Admn. increase of 5% to $1.3M (expense), Interest expense increase of 69% to $138K (expense).