Sports Resorts International, Inc. Reports First Quarter 2005 Results
13 Mayo 2005 - 2:02PM
PR Newswire (US)
Sports Resorts International, Inc. Reports First Quarter 2005
Results OWOSSO, Mich., May 13 /PRNewswire-FirstCall/ -- Sports
Resorts International, Inc. (the "Company") (NASDAQ:SPRI) today
reported its operating results for the first quarter of 2005. For
the quarter ending March 31, 2005, the Company recorded revenue of
$3,285,000 as compared to revenue of $4,722,000 for the same period
in 2004. For the quarter ending March 31, 2005, the Company
reported a net loss of $642,000 or $(0.01) per share. For the same
period in 2004, the Company reported a net loss of $398,000 or
$(0.01) per share. The Company's 2005 First Quarter Report on Form
10-Q has been filed with the U.S. Securities and Exchange
Commission and is available from the Company upon request.
Currently, the Company through its wholly-owned subsidiaries,
manufactures and markets high-quality drop-in bedliners and other
truck accessories for the original equipment manufacturers and
automotive aftermarket business and owns and operates a
multi-purpose motor-sports facility located near Brainerd, Minn.
Certain statements included in this press release are
"forward-looking" statements, such as those relating to anticipated
events or activities. The Company's performance and financial
results could differ materially from those reflected in the
forward-looking statements due to financial, economic, regulatory
and political factors as described in the Company's filings with
the Securities and Exchange Commission. Therefore, current or
prospective investors are cautioned not to place undue reliance on
any such forward- looking statements. The Company does not
undertake any obligation to publicly update or revise any
forward-looking statements, whether as a result of new information
or future events. DATASOURCE: Sports Resorts International, Inc.
CONTACT: Greg Strzynski of Sports Resorts International, Inc.,
+1-989-725-8354, or for further information contact Investor
Relations, +1-989-725-8354 x
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