Beacon Enterprise Solutions Group, Inc. this morning told investors that the company expects to report record quarterly revenues for the first fiscal quarter 2012 ending December 31, 2011. During the prior first fiscal quarter, the company generated revenues of $3,974,000.
“Expectations are that revenue will significantly exceed the amount recorded in the first quarter of fiscal 2011 by approximately 45%,” commented Scott Fitzpatrick, Vice President Corporate Controller and Treasurer. “In addition, gross profit margins are expected to improve significantly from the 29% recorded in the first fiscal quarter of 2011 and will be consistent with the Company’s recent performance and management’s stated expectations.”
As previously announced, Beacon will be hosting a conference call to discuss its fiscal year 2012 first quarter financial results on Thursday, February 9, 2012, at 10:00 a.m. EST. Participants on the call will include Bruce Widener, Chairman and CEO; Jerry Bowman, President and COO; Victor Agruso, Chief Administrative Officer and S. Scott Fitzpatrick, Vice President Corporate Controller and Treasurer.
Those who wish to join the teleconference should call 888-495-3916 and enter conference ID # 43328861 15 minutes prior to the beginning of the call. Participants outside of the U.S. and Canada can dial in by calling 706-634-7530 and entering the same conference ID.
Beacon will also simultaneously webcast the call on its website under the “Investor Relations” tab. A digital recording of the conference call will be available for replay two hours after the end of the call’s completion until 11:59 p.m. EST on Saturday, February 11, 2012, by calling 404-537-3406 and entering conference ID # 43328861.
For additional information, visit the company’s website at www.AskBeacon.com
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