Orsus Xelent Technologies Inc. is Today's Focus Stock on MicroStockProfit.com
24 May 2011 - 8:50PM
MicroStockProfit.com announces an investment report featuring Orsus
Xelent Technologies Inc. (AMEX:ORS). The report includes financial,
comparative and investment analyses, and industry information you
need to know to make an educated investment decision.
The full report is available at:
www.microstockprofit.com/lp/ORS
Orsus Xelent Technologies Inc. (ORS) is an emerging designer and
manufacturer of award-winning mobile phones for the Asian market,
primarily the People's Republic of China (PRC). The Company's
business encompasses the design of mobile phones, related digital
circuits, and software development, and it is a recognized pioneer
in mobile phone integration technology. It introduced the region's
first wristwatch-style cellular phone, and it continues to break
new ground with state-of-the-art phones that include advanced
features such as fingerprint recognition and touch-screen
displays.
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decisions on ORS; click here for a 25% discount offer.
In the report, the analyst notes:
"ORS shares skyrocketed over 120% after the China-based cellular
phones maker yesterday announced its first-quarter financial
results for the quarter ended March 31, 2011."
"ORS reported sales of $3.91 million for the quarter ended March
31, 2011, almost 50% less than the year-ago period's sales of $7.6
million. First-quarter income from operations came in at $342,000.
However, mainly due to a non-cash reversal of allowance for bad
debt generating other income of $32.02 million in the quarter, the
Company posted net income of $32.03 million, or $12.73 per share, a
swing from last year's loss of $446,000, or a loss of $(0.18) a
share."
To read the entire report visit:
www.microstockprofit.com/lp/ORS
See what investors are saying about ORS at
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