Kingtone Wirelessinfo Solution Holding Ltd Reports Fiscal Year 2014 Financial Results; Provides Fiscal Year 2015 Revenue and Net Income Guidance
FY14 Revenues Decreased 46.5% to $6.2 million from $11.6 million in the Prior Year
FY14 Gross Profit Increased 92.0% to $2.0 million from $1.0 million in the Prior Year
FY14 Basic and Diluted Loss Per Share Up to $0 from Loss Per Share of $3.65 in the Prior Year
XI'AN, China, Jan. 14, 2015 -- Kingtone Wirelessinfo Solution Holding Ltd. (Nasdaq CM: KONE) ("Kingtone", or the "Company"), a China-based developer and provider of mobile enterprise solutions, today announced financial results for its fiscal year ended September 30, 2014. The financial statements and other financial information included in this press release are prepared in conformity with accounting principles generally accepted in the United States of America ("U.S. GAAP").
- Published: 15 January 2015
- Written by Editor