AVT Posts Another Quarter of Growth

Net income for the quarter was up 13.9 percent over Q2 2006, to $1.94 million (1.70 million for the same period in 2006). Net income for the first six months of 2007 rose 18.4 percent to $3.47 million ($2.93 million for the first six months of 2006).

Order bookings continued to rise with total bookings for the first half of 2007 totalling $18.83 million, up 50.5 percent over the same period in 2006 ($12.51 million). Service revenues for the first six months of 2007 totalled $1.17 million, an increase of 38.2 percent over the same period in 2006 ($849 thousand).