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Food Technology (VIFL) drops on lower revenues

Wednesday,14 November,2012

Food Technology Service, Inc. (NASDAQ: VIFL) shares capsized 14.6% to $4.39 after reporting  revenues of $925,654 during the third quarter of 2012 compared to revenues of $1,011,650 for the same period in 2011. This is a decrease of approximately 8.5%. The Company had income before taxes during the third quarter of 2012 of $331,687 compared to income before taxes of $416,825 during the third quarter of 2011. Share volume was 5,700 or triple its daily average



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