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Latest Singing Machine Company Inc. Stories

2014-08-14 16:25:04

FORT LAUDERDALE, Fla., Aug. 14, 2014 /PRNewswire/ -- The Singing Machine Company, Inc. ("Singing Machine" or the "Company") (OTCQB: SMDM) announces the results for its first fiscal quarter ended June 30, 2014. The Company announced net sales of approximately $2.5 million in the quarter ended June 30, 2014, up from approximately $1.4 million reported for the same period last year (an increase of 80%). The increase in net sales is attributable to inventory replenishment by retailers...

2014-06-30 16:24:59

FORT LAUDERDALE, Fla., June 30, 2014 /PRNewswire/ -- The Singing Machine Company, Inc. ("Singing Machine" or the "Company") (OTCBB: SMDM) today announced financial results for its fiscal year ended March 31, 2014. For the full 2014 fiscal year, the Company reported approximate net sales of $31.4 million, gross profits of $7.1 million, and net income of $1.0 million dollars ($0.03 cents per share). Gary Atkinson, Singing Machine CEO commented, "Singing Machine has now recorded...

2014-02-14 16:24:21

FORT LAUDERDALE, Fla., Feb. 14, 2014 /PRNewswire/ -- The Singing Machine Company, Inc. ("Singing Machine" or the "Company") (OTCBB: SMDM) today announced the results for its third fiscal quarter ended December 31, 2013. The Company reported third-quarter net sales of approximately $16.8 million, as compared to net sales of approximately $16.6 million in the same quarter last year. The Company also posted quarterly pre-tax income of approximately $1.4 million for the quarter and...


Word of the Day
lunula
  • A small crescent-shaped structure or marking, especially the white area at the base of a fingernail that resembles a half-moon.
This word is a diminutive of the Latin 'luna,' moon.
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