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10/21/2014 - 10:04 AM EST - Spectra7 Microsystems Inc. : announced preliminary selected unaudited financial results for the three months ended September 30. Unaudited financial statements for the fiscal third quarter will be released in November 2014. All amounts in this release are expressed in U.S. dollars. The Company expects to report record quarterly revenue of approximately $1.7 million for the three months ended September 30. This represents an increase of 45% over the prior quarter and an increase of 170% compared to the same period last year. Gross margins for the three-month period ended September 30, will exceed 80%, up from 76% in the previous quarter and from 69% in the same period last year. Spectra7 Microsystems Inc.
shares V.SEV are trading up $0.06 at $0.75.