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FortuNet Reports Third Quarter 2008 Results
LAS VEGAS, Nov. 12, 2008 (GLOBE NEWSWIRE) -- FortuNet, Inc. (the "Company") (Nasdaq:FNET) today announced financial results for the third quarter ended September 30, 2008
The Company's revenue decreased during the quarter as compared to the same quarter in the prior year. Specifically, for the quarter ended September 30, 2008 the sales were $3.9 million as compared with the sales of $4.3 million for the same quarter of last year, a decrease of approximately 6%. The earnings per share for the current quarter are 5 cents, compared to 10 cents with the same quarter of the previous year.
CONTACT: FortuNet, Inc. Investor Contact: Jack Coronel (702) 796-9090 firstname.lastname@example.org
The following information was filed by Fortunet, Inc. on Thursday, November 13, 2008 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.
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