CirTran says Q2 revenue to exceed $1.9 Million
Jul 21, 2004
Revenues up 365% from last year's Q2 numbers
CirTran Corp. (OTC BB: CIRT) announced it has closed the second quarter of 2004 ended June 30 with sales of approximately $1,930,000, over 200% increase from the first quarter of 2004 and a 365% increase when compared to the same period of 2003. Year-to-date sales for the first and second quarter of 2004 combined are more than double of 2003's year-end sales. The company attributes the sales increase to new strategic alliances and customer contract wins through its core electronic manufacturing services and subsidiaries, Racore Technology Corp. and CirTran-Asia.
Trevor M. Saliba, executive vice president of worldwide business development of CirTran Corp., commented, "We are pleased to announce yet another significant and consecutive milestone sales quarter. We are anticipating another record sales level for the third quarter and year-end sales of 2004 based on our current backlog. We continue to benefit from the positive changes that have been made both internally and in our industry overall for 2004."