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Caspian Services Inc  (CSSV)
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    Sector  Transportation    Industry Marine Transportation


Redemption of Losses, Sales very Strong

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Caspian Services Inc announced third quarter 2016 operating income of $1.091 millions

Strong Sales growth in the third quarter 2016, by 53.34 % to $5 millions helped to cut losses to $-0.01 per share, from $-0.07 in same quarter a year ago.

In contrast to the second quarter 2016 Sales doubled by 103.95 % from $2 millions and improved from $-0.04 per share.

Net income of $0 millions in the third quarter 2016 increased by 5233.33 % from break-even achieved in the corresponding quarter a year ago. Caspian Services Inc also emphasized it's improving profit margins, where net margin rose to 6.39% in third quarter 2016, and operating margin edged up to 21.77%.

Caspian Services Inc is expected to report next financial results on August 21, 2017.
Other CSSV's Earnings Reports

Caspian Services Inc reported second quarter 2016 earnings

Caspian Services Inc reported first quarter 2015 earnings

Caspian Services Inc reported forth quarter 2015 earnings

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