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SmarTire Systems increases third quarter earnings by 262%

RICHMOND, B.C. -- SmarTire Systems' revenue for the third quarter of fiscal year 2006 increased 262% to $1,195,136 ...


RICHMOND, B.C. — SmarTire Systems’ revenue for the third quarter of fiscal year 2006 increased 262% to $1,195,136 from $330,406 in the third quarter of fiscal year 2005. The company said FQ3 sales represented a 42% gain over the second fiscal quarter of this year. For the nine months ended April 30, 2006, SmarTire’s sales increased 157% to $2,627,617 from $1,022,484 for the nine months ended April 30, 2005.


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