09:47 AM EST - Cantronic Systems Inc. : reported third-quarter net earnings of $731,000 or $0.009 per share, compared to net loss of $1.18 million or $0.015 per share last year. The company noted that the increased profitability in the quarter is directly linked to higher sales and strong margins despite higher SG&A expenses due to additional expenses from two new acquisitions and increases in R&D spending. Revenues grew to $4.75 million from $1.05 million in the same quarter last year. Cantronic Systems Inc.
shares V.CTS are trading even at $0.29.
