March 18, 2008 -- Paragon Technologies, Inc., a leading supplier of "smart" material handling systems and "software-driven" warehouse and distribution center solutions, announced today results for the fourth quarter and year ended December 31, 2007.
During the fourth quarter ended December 31, 2007, the Company had a net income of $341,000 or $0.12 earnings per share on revenues of $21.4 million and a net loss of $58,000 or $0.02 loss per share on revenues of $4.5 million. The Company's backlog of orders at December 31, 2007 was $7.9 million and the rate of new orders rose during the year ended December 31, 2007 rose to $23.5 million.
Abstracted from PR Newswire
