Company News, Financial News

CCA Sees Rise in Sales

Six months bring in over $10 million.

Core Care America (CCA) posted a rise in results for the second quarter and six months ended May 31, 2016. Total net income increased to $423,677 from a loss of $1,586,718 for the same period in fiscal 2015 for the three months ended May 31, 2016.  Six-month sales were $10.5 million with net income of $639,987.
 
Chief Executive Officer Lance Funston commented, “We are pleased to announce that we have had two profitable quarters in a row in fiscal 2016, demonstrating the progress the Company has made in its restructuring efforts, and is the first time that the company has had two profitable quarters in a row since fiscal 2012.  We look forward as management continues to build a stronger, healthier platform of products that serve to increase value for our shareholders.”
 
 

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