StockGuru News: Avatar Systems’ Revenues Rise for 2nd Quarter and Six Months; 2nd Quarter Revenues Increase in Excess of 70%
Avatar Systems’ Revenues Rise for 2nd Quarter and Six Months Avatar Systems Inc. (OTCBB: AVSY) - 2nd Quarter Revenues Increase in Excess of 70% - FRISCO, Texas, July 19 /PRNewswire-FirstCall/ — Avatar Systems, Inc. (OTC Bulletin Board: AVSY - News) announced today that the Company’s revenues for the three months ended June 30, 2006 increased in excess of 70% over the 1st quarter of 2006 and increased in excess of 24% over the 2nd quarter of 2005. For the six months ended June 30, 2006 revenues are up in excess of 30% over the corresponding period of 2005. Chuck Shreve,…