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Caspian Services Inc  (CSSV)
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    Sector  Transportation    Industry Marine Transportation
 
 

EARNINGS REPORT by CSIMarket

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.
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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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