Valor’s Q2 Revenues, Profits Up Print E-mail
User Rating: / 0
PoorBest 
Tuesday, 19 August 2008 07:12
YAVNE, ISRAEL – Software provider Valor Computerized Systems Ltd. reported second-quarter revenues of $10.7 million, up 2% year-over-year.
 
Net profit was $600,000, up 6% compared to the second quarter of 2007.
 
Revenues in the first half of 2008 were $21.4 million, up 2% compared to the same period last year.
 
First-half net profit was $2.1 million, up 43% year-over-year.
 
“Q2 was a good quarter for Valor, despite the slowdown in global economy and the weakness of the US$,” said Valor’s CEO Dan Hoz. “During the quarter we established three new OEM agreements with major machine vendors, who will be selling our products together with their machines.”

Valor has recently engaged in a process of repurchasing its own shares up to a total of $3 million, the company said.

blog comments powered by Disqus
Last Updated on Tuesday, 19 August 2008 07:13
 

Columns

An Early Spring?

The second half of 2011 is behind us, literally and figuratively.

Read more...
 
‘An End-to-End Solution for Assembled HDI Rigid-Flex’

Multi-Fineline Electronix (MFLEX) and AT&S last week announced an agreement to share their respective printed circuit board technologies. Under the agreement, AT&S's high-density interconnect (HDI) rigid PCBs and MFLEX's flex board capabilities will be offered to respective customers, and the two will partner on rigid-flex technology.

MLFEX executive and PCD&F columnist Jay Desai spoke with editor-in-chief Mike Buetow about the new partnership.

Read more...
 

Features

SMT Stencils from a Production Perspective

Is the slew of new materials, coatings and processes truly unique, or just the same old hype?

Read more...
 
Implementing Good Test Coverage and Eliminating Escapes

Experimental data reveal a strong correlation between SPI and AXI.

Read more...
 

Search

Search

Login

CB Login

Language

Language

English French German Italian Portuguese Russian Spanish
 

Products

Custom Products & Services Offers Work Benches
These modular work benches offer quality and versatility for work areas that include network labs, assembly areas, shipping stations, security and command consoles, or as computer repair benches. Can...