* Q4 EPS $0.04 vs est $0.05
* Rev down 17 pct
* Sees challenging 2010
Jan 27 (BestGrowthStock) – 20-20 Technologies Inc (TWT.TO: ), a
provider of 3D design for the interior design industry, posted
fourth-quarter profit (Read more your timing to make a profit.)s that missed analysts’ estimates by a
penny, and said it sees a challenging 2010.
Net income for the quarter was $700,000, or 4 cents per
share, compared with a loss of $1.3 million, or 7 cents a
share, last year.
Revenue for the quarter fell 17 percent to $16.2 million,
as revenue from North America and Europe dropped. The company
also recorded a 33 percent fall in license sales.
Analysts were expecting the company to post a profit of 5
cents a share on revenue of $16.61 million, according to
Thomson Reuters I/B/E/S.
Shares of the Laval, Quebec-based company closed at C$2.80
Tuesday on the Toronto Stock Exchange.
Stock Market Money
(Reporting by Gowri Jayakumar in Bangalore; Editing by Anil
D’Silva)
UPDATE 1-20-20 profit narrowly misses estimates
