ETC announces Q2 2017 results

Electronic Tele-Communications, Inc. (ETC)(Pink Sheets:ETCIA) has reported second quarter results for 2017, the company said.

Sales for the quarter were USD 141,813 compared to USD 190,733 for the second quarter of 2016. The net earnings for the quarter were USD 2,386 or USD 0.00 per Class A common share, compared to a net loss of USD 8,211 or USD 0.00 per Class A common share for the second quarter of 2016.

Sales for the first six months of 2017 were USD 327,013, compared to USD 519,986 for the first six months of 2016. The net earnings for the first six months of 2017 were USD 23,629 or USD 0.01 per Class A common share, compared to USD 84,638 or USD 0.03 per Class A common share for the first six months of 2016.

Electronic Tele-Communications supplies voice announcers and Voice Application Platforms to domestic and foreign telephone utilities under the Audichron® and Digicept® brand names. ETC also supports a network of Time Weather and Temperature systems installed throughout the United States. ETC´s equipment provides a wide range of audio information and call handling systems via telephone networks, computer networks, and the Internet.