Atc venture group inc. announces financial results for first and second fiscal quarters

Minnetonka, minn.--(business wire)--atc venture group inc. (amex:atc) today announced its financial results for the first and second fiscal quarters. total total total total the company reported sales from continuing operations of $572 thousand for the fiscal quarter ended december 31, 2011 compared to $693 thousand in the prior year. the company reported total sales, including sales from discontinued operations, of $6.12 million for the fiscal quarter ended december 31, 2011 compared to $4.24 million in the prior year. the company reported sales from continuing operations of $1.96 million for the fiscal quarter ended march 31, 2012 compared to $660 thousand in the prior year. the company reported total sales, including sales from discontinued operations, of $1.97 million for the fiscal quarter ended march 31, 2012 compared to a net loss of $2.98 million in the prior year. the company reported a net loss from continuing operations of 45 thousand for the fiscal quarter ended december 31, 2011 compared to a net loss of $141 thousand in the prior year period. the company reported a total net income, including net loss from discontinued operations, of $1.71 million for the fiscal quarter ended december 31, 2011 compared to a loss of $168 thousand in the prior year. the company reported a net loss from continuing operations of $600 thousand for the fiscal quarter ended march 31, 2012 compared to $231 thousand in the prior year period. the company reported a total net loss, including net loss from discontinued operations, of $598 thousand for the fiscal quarter ended march 31, 2012 compared to $1.35 million in the prior year.
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