Last $0.93 USD
Change Today 0.00 / 0.00%
Volume 0.0
FRTN On Other Exchanges
Symbol
Exchange
OTC US
As of 8:10 PM 10/20/14 All times are local (Market data is delayed by at least 15 minutes).

fortran corp (FRTN) Snapshot

Open
$0.93
Previous Close
$0.93
Day High
$0.93
Day Low
$0.93
52 Week High
09/18/14 - $1.35
52 Week Low
08/12/14 - $0.18
Market Cap
254.9K
Average Volume 10 Days
151.4
EPS TTM
$-7.90
Shares Outstanding
274.1K
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for FORTRAN CORP (FRTN)

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fortran corp (FRTN) Details

Fortran Corporation, through its subsidiaries, offers communication system integration services to media and communication sectors. The company provides communication solutions designing, sourcing, implementing, and maintenance services. Additionally, it offers mobile billboards, event marketing, conventions and trade shows, and political advertising and editorial statements. The company’s subsidiaries include The New Telephone Company, Inc.; CCI-Telecom, Inc.; B & L Telephone, LLC; and Fortran Communications, Inc. Fortran Corporation was formerly known as Burke Mills, Inc. and changed its name to Fortran Corporation in February 2013. Fortran Corporation was founded in 1948 and is based in Hickory, North Carolina.

fortran corp (FRTN) Top Compensated Officers

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fortran corp (FRTN) Key Developments

Fortran Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2014

Fortran Corporation reported earnings results for the third quarter and nine months ended March 31, 2014. For the quarter, the company reported revenue of $673,000 compared with $580,000 for the same period last year. Operating loss was $39,000 compared with $73,000 for the same period last year. For the nine months, the company reported revenue of $2,320,000 compared with $1,649,000 for the same period last year. Operating loss was $39,000 compared with $73,000 for the same period last year.

Fortran Corporation Closes $4,000,000 Revolving Line of Credit

Fortran Corporation announced that it has closed on a $4,000,000 revolving line of credit. Under the terms of the agreement, TCA Global Credit Master Fund, L.P. committed to lend $4,000,000 through one of the fund's Senior Secured Revolving Notes, with an initial draw of $900,000. The company meets specific monthly reporting and collateral requirements to further draw on the revolving credit facility.

Fortran Corporation Announces Financial Results for the Second Quarter and Six Months Ended December 31, 2013

Fortran Corporation announced financial results for the second quarter and six months ended December 31, 2013. For the quarter, the company reported revenue of $770,000 against $580,000 a year ago. Operating income was $29,000 against $17,000 a year ago. For the six months, the company reported revenue of $1,647,000 against $1,068,000 a year ago. Operating income was $133,000 against loss of $30,000 a year ago.

 

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Price/Earnings NM Not Meaningful
Price/Sales 0.0x
Price/Book 0.1x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.8x
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