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Follow on Google News | inc.jet Holding, Inc. Announces Year End Financial ResultsBy: INC.JET HOLDING, INC For the nine month year ended December 31, 2018, total sales from continuing operations were $10.75 million, compared to total sales of $11.76 million for the twelve month year ended March 31, 2018. The $1.01 million decrease resulted from decreases in sales of Supplies of $0.59 million and Systems revenue of $0.42 million. Net income from continuing operations was $549 thousand, or $0.03 per share, for the nine month period, compared to net income of $33 thousand, or $0.00 per share, for the twelve month period last year. Marc Perkins, President and Chief Executive Officer of the Company stated, "The Ink Jet Printing business continues to show strong revenue growth". The Company posts current financial statements and other important information on PinkSheets.com (http://www.Otcmarkets.com; symbol: SORT.PK), as well as the Company's own website (http://www.incjet.com). About inc.jet Holding, Inc Founded in 1978 and headquartered in Norwich, Connecticut, inc.jet Holding, Inc. and its wholly-owned subsidiary inc.jet, Inc. (together, the "Company") operates in the Ink Jet Printing business. The Ink Jet business designs, develops, markets and services ink jet imagers as well as sells product into the packaging industry emphasizing product traceability. The Company's products are dependent upon proprietary technology and require especially skilled engineers and technicians to design, enhance and produce them to meet customer needs. Inc.jet Holding, Inc. is publicly traded on OTC Pink Sheets under the symbol "SORT.PK". Additional Company information is available at www.incjet.com. Statements in this release concerning inc.jet Holding, Inc.'s business outlook, future financial and operating results, and overall future prospects are forward looking statements that involve a number of uncertainties and risks. Actual results could differ materially from those anticipated in those forward-looking statements as a result of certain factors, including: general economic conditions globally or regionally; business and economic conditions in the mailing industry; changes in overall technology spending; increases in competition; End
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