Atlantis Systems bounces back in Q2
Aug. 19, 2011, Toronto - Atlantis Systems Corp. reversed a year-earlier loss to post a $219,000 profit in the second quarter despite sharply lower revenues.
Toronto-based Atlantis, a provider of simulation-based training technology for the military and commercial aviation markets, said the earnings amounted to two cents per share.
That compared with a loss of a loss of $446,000 or five cents in the same 2010 period.
Revenue for the three months ended June 30 was $4 million, down from just under $5 million.