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Press Release: Auto-Graphics, Inc. [October 5, 2021]

AGent Information Software (AIFS) Publishes 2021 Second Quarter Financials

Rancho Cucamonga, CA -- October 5, 2021. Agent Information Software (AIFS), the parent company of Auto-Graphics, Inc. (A-G), has released second quarter 2021 financials.

With little change in YTD sales between 2020 and 2021, along with a strong focus on controlling costs, AIFS reported a growth in net income to $218,399, a $60,000 increase from the same period in 2020. AIFS reported EPS of $0.05 on weighted average shares outstanding of 4,494,577.

Cash flow projections continue to show a strong second half of 2021, with a healthy position at year end.

Auto-Graphics has continued to evolve and address unique demands from libraries in light of the COVID-19 pandemic. By adapting smart workflows and implementing more automated functionality to its products, they have been able to assist libraries in maintaining daily administration and serving their communities with minimal interruption.

Auto-Graphics, Inc. has been an industry leader in library management and resource sharing software for over 50 years. All A-G products meet ISO and NISO standards and are available through a cloud-based delivery model (SaaS "Software as a Service.") For more information, visit A-G on their website at www.auto-graphics.com, or on Facebook and LinkedIn.


Summary: Agent Information Software, the parent company of Auto-Graphics, Inc., has released second quarter 2021 financials. With little change in YTD sales between 2020 and 2021, along with a strong focus on controlling costs, AIFS reported a growth in net income to $218,399, a $60,000 increase from the same period in 2020. AIFS reported EPS of $0.05 on weighted average shares outstanding of 4,494,577.
Publication Year:2021
Type of Material:Press Release
LanguageEnglish
Date Issued:October 5, 2021
Publisher:Auto-Graphics, Inc.
Company:
Company: Auto-Graphics, Inc.
Permalink: https://librarytechnology.org/pr/26743

LTG Bibliography Record number: 26743. Created: 2021-10-05 16:42:41; Last Modified: 2021-10-05 16:42:45.