Wiz Technology Posts Income, Revenue Gains
SAN JUAN CAPISTRANO — Computer software company Wiz Technology Inc. posted hefty gains in net income and revenue for the third fiscal quarter ended April 30.
Net income rose to $272,975, or 3 cents a share, from $33,279, or 1 cent a share, for the same period last year. Revenue rose to $2.7 million from $599,498. For the nine-month period, net income totaled $794,044, or 9 cents a share, contrasted with a net loss of $418,526, or 5 cents a share, for the first three quarters of the prior fiscal year. Revenue increased to $6.3 million from $2.1 million.
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