- September 11, 2005, pffc-online.com
HOD-HASHARON, ISRAEL—Advanced Vision Technology's (AVT) revenues for the second quarter reached $6.2 million, an increase of 20% compared to the same quarter the previous years, and an increase of 3.5% over the first quarter of 2005. For the first six months of 2005, revenues were $12.2 million, an increase of 22% over the first half of 2004.
Net income for the first half of the year grew to $1.8 million. In the first six months of 2005, operating activities produced cash of $3.5 million compared to $0.4 million the same period of 2004.