Wednesday, November 19, 2014
Vista Revenue and Gross Profit Surge, Company Swings to Operating Profit in Q3
DENVER, CO, Nov 17, 2014 (Marketwired via COMTEX) Vista International Technologies, Inc. (OTCQB: VVIT), a pioneer in efficient Waste-to-Energy technology, is pleased to release to investors the following selected operating results of the Company in its most recent fiscal quarter. The information in this release is taken directly from the Company s 10-Q, which shows unaudited financial results for the first nine months of 2014. The Company encourages investors to view the full 10-Q, which is currently available on the EDGAR database. For the three months ending September 30, 2014 the Company saw revenue rise to $231,100, an increase of 35% as compared to the year ago period. Gross profit swung from a loss of $55,300 in the year ago period to a profit of $101,700 in the current period, a positive net change of over $156,000. Operating profit also improved in a similar fashion, rising to a profit of roughly $53,900 in Q3 2014, which reversed a year ago loss of $131,000. The main drivers
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