LAKE FOREST, CA -- EMS firm
Probe Manufacturing
Inc. reported net profits of $425,134 on record revenues of $9.3 million for fiscal 2006. Sales were up 46% and the company reversed a net loss of $425,134 from 2005.
In a statement, CEO Reza Zarif said, "We posted record revenues, diversified our customer base, improved our operational efficiencies and became profitable. In addition, we moved into our new facilities in Lake Forest without any business interruptions."
For the year, the company generated $608,028 net cash from operations. It reduced debt by $351,423 during the year.