IDS Reports Year End Revenue Up 39%; Earnings Up 138

Certain matters discussed in this press release may constitute forward-looking statements within the meaning of the federal securities laws and are subject to risks and uncertainties including, but not limited to, the Company's ability to achieve its acquisition strategy, while effectively mana...

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Bibliographic Details
Published inPR Newswire p. 1
Format Newsletter
LanguageEnglish
Published New York PR Newswire Association LLC 02.04.2001
Subjects
Corporate profits
Debt financing
Net income
Net losses
Stock prices
Texas
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Summary:Certain matters discussed in this press release may constitute forward-looking statements within the meaning of the federal securities laws and are subject to risks and uncertainties including, but not limited to, the Company's ability to achieve its acquisition strategy, while effectively managing costs and expenses. Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors, including changes in the securities or financial markets or in general economic conditions, the availability of equity and debt financing, competition for acquisitions of interest, and other risks detailed from time to time in IDS' filings with the Securities and Exchange Commission. Reference is hereby made to cautionary statements set forth in the Company's Form 10-KSB for the year ended December 31, 2000, Form 10-QSB for the quarters ended and March 31, June 30, and September 30, 2000, current Forms 8- K, and other SEC filings. SOURCE Industrial Data Systems Corporation