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AGent Information Software (AIFS) Publishes 2019 First Quarter Earnings

Press Release: Auto-Graphics, Inc. [May 29, 2019]

(May 15, 2019 – Rancho Cucamonga, CA) - The parent company of Auto-Graphics, Inc. (A-G), AGent Information Software (AIFS) today released the earnings for the quarter ending March 31, 2019. Auto-Graphics, Inc., is an industry-leading provider of library platform software. A-G was the first to provide Cloud-based library resource sharing solutions to library consortia. For the quarter ending March 31, 2019, AIFS reported a year to date 2019 net revenue of $1,458,090 and a year to date 2019 net income $203,508, an increase of $148,987 from the 2018 net income of $54,521. EBITDA ended at 30% of revenue for the quarter. Auto-Graphics further reported EPS of $0.05 on weighted average shares outstanding of 4,377,577. The company's versatile AGent Library Software Platform continues to provide solutions that empower libraries across the United States to provide more products and services to their communities.

About Auto-Graphics, Inc.

Auto-Graphics, Inc. is a Library Management and Resource Sharing Software provider applying technology to improve, assist, expand, and engage the communities they serve. Auto-Graphics was the first to provide Cloud based library resource management to library consortia, in 1994. For over 60 years, Auto-Graphics has sustained growth in carefully targeted directions, using the most state-of-the-art tools and good old-fashion business relationships. Our focus on industry requirements, high standards, product warranty, technically oriented staff, and service ability have all contributed to the success we see today. For more information about our products and Auto-Graphics please visit our website www.auto-graphics.com

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Publication Year:2019
Type of Material:Press Release
Language English
Issue:May 29, 2019
Publisher:Auto-Graphics, Inc.
Company: Auto-Graphics, Inc.
Record Number:24322
Last Update:2024-11-24 12:07:11
Date Created:2019-05-29 15:54:55
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