Broadview Press Inc.

Broadview Press Inc.

November 17, 2009 17:52 ET

Broadview Press Inc. Announces Q3 2009 Results

CALGARY, ALBERTA--(Marketwire - Nov. 17, 2009) - Broadview Press (TSX VENTURE:BDP) reports net sales for the first nine months of 2009 of $2,352,359, an increase of 5.0 per cent over the same period last year (2008 = $2,239,309).

Because Broadview's operations are seasonal, the company historically posts losses in the first and second quarters, typically followed by profits in the third and fourth quarters. For the first nine months of the year the company is reporting a net loss (after tax) of -$173,172-a slight improvement over the previous year (2008: -$196,587). Results since the end of Q3 provide some grounds for concern; October sales were down considerably from October 2008 levels.

Broadview's quarterly financial statements, as well as its management discussion and analysis of these results, can be read by visiting Broadview Press is an internationally-oriented, Canadian-based academic book publisher.

Certain statements contained in this press release may be considered as forward-looking. Such forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from estimated or implied results.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Broadview Press Inc.
    Don LePan
    President and CEO
    (403) 232-6863