OxySure™ Systems, Inc. Announces 2Q 2012 Quarterly Financial Results; Posts Significant Improvement to Bottom Line
Published: Aug 15, 2012
FRISCO, Texas, Aug. 15, 2012 (GLOBE NEWSWIRE) -- OxySure® Systems, Inc. (OTCBB:OXYS) ("OxySure," or the "Company"), the pioneering manufacturer of life-saving easy-to-use emergency oxygen solutions with its "oxygen from powder" technology today announced its results for the second quarter of 2012. The Company reported a significant improvement to the bottom line with a lower net loss of $218,472, or $0.01 per diluted share, for 2Q 2012 as compared to $463,371, or $0.03 per diluted share, for 2Q 2011. The improvement to the bottom line was driven primarily by a decrease in expenses.