C-COM turns in 20th consecutive profitable quarter

OTTAWA -- C-COM Satellite Systems Inc., a C-COM138X40.jpgprovider of mobile auto-deploying satellite antenna systems, reports a decline in first quarter to $1.48 million from $1.54 million a year earlier. The company managed to keep its streak of consecutive profitable quarters (now 20) alive but just barely, earning $266, a distant drop from $38,136 last year. “[The company]… continues to remain free of long term debt with a significant cash position,” says Leslie Klein, president and CEO, who also noted that first quarter sales are traditionally slow.

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