 | |  | | KENNEWICK, Wash.--(BUSINESS WIRE)--Electronic Systems Technology Inc. (EST) (OTCBB: ELST - News), a manufacturer of wireless modems, today announced sales and results of operations for the three month period ending March 31, 2007.
EST reported sales for the first quarter 2007, of $674,557 compared to $487,833 for the same quarter in 2006. Gross revenues for the first quarter of 2007 increased to $693,129, compared with gross revenues of $499,263 in the first quarter of 2006. The Company recorded Net Income for the first quarter of 2007 of $66,569, or $0.01 per share, compared with a Net Loss of $30,000 or $0.01 per share for the first quarter of 2006. |  |  |  |  |
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