July 30, 2009

Encision reports positive income

BOULDER – Encision Inc. reported a higher revenue and income for its fiscal first quarter 2010 ending June 30 compared to the same quarter in 2009.

Boulder-based Encision, a medical device company focused on minimally invasive surgery, reported revenue of $3.2 million for its first quarter 2010 compared to $3.1 million for the same period a year ago.

The company had net income of $163,000 for its first quarter 2010 compared to a net loss of $164,000 the same quarter 2009. Encision reported a gain of 3 cents per share for the quarter compared to a loss of 3 cents per share…

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