StockGuru Blog: Amaru Management Speaks and We Listen: Good News
What Management had to Say at Amaru: Revenue Climbs 123% Amaru, Inc. (OTC: AMRU) Amaru Inc. Reported Record Financial Results for Second Quarter FY06; Revenue Climbed 123% to $7.4 Million; Net Income Reached Record Level of $0.9 Million Amaru, Inc., a leading provider of interactive broadband entertainment and media on demand streaming over broadband channels, Internet portals and 3G devices globally, today announced record financial results for its second quarter and six months ended June 30, 2006. 2Q06 Highlights – Revenues increased 123% year-over-year to a record $7.4 million – Entertainment revenue growth more than doubled sequentially – Net income…