Detail akcie Productivity online

Business Summary: Productivity Technologies Corp. is a manufacturer of automated industrial systems, machinery, equipment and custom electrical control panels. It is also a provider of engineering services. The Company operates its business through its wholly owned subsidiaries, Atlas Technologies, Inc. (Atlas) and Westland Control Systems, Inc. (Westland). Atlas manufactures and supplies quick die change, flexible transfer and stacking/destacking equipment used to automate automotive and other metal stamping operations. Atlas primarily sells its products to automobile and automotive parts manufacturers and appliance manufacturers. Westland designs, manufactures and field installs custom electrical control panels primarily for use in production machinery and machine tools utilized in automotive, adhesive and sealant, food processing and other industrial applications. In March 2004, Atlas formed a German subsidiary, Atlas Technologies, GmbH, in order to facilitate its operations in Europe.
Financial Summary: BRIEF: For the nine months ended 31 March 2005, Productivity Technologies Corp. revenues decreased 20% to $16.9M. Net loss before extraordinary items totaled $585K vs. income of $94K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Basic Earnings per Share excluding Extraordinary Items decreased from $0.04 to -$0.21.