Mace Security International Inc. (MACE) Attributes Increase in Q1 Results Partially to Digital Media Marketing Segment
Mace Security International Inc. (MACE) manufactures personal defense and electronic surveillance products under the brand name Mace. The company also operates a digital media marketing, e-commerce business and car washes. Today the company announced its first-quarter results for the period ended March 31, 2008, posting an increase in revenues and net income. Mace Security reported net income for the quarter at $4 million, up from a loss of $658,000 reported in the first quarter of last year. Total revenues were $14.5 million, up from $9.8 million for the same quarter of 2007. The company attributes the increase to its Digital…