PROFIRE ENERGY, INC. (NASDAQ:PFIE) Files An 8-K Results of Operations and Financial ConditionItem 2.02.
Results of Operations and Financial Condition
On March7, 2018 Profire Energy, Inc. (the “Company”) issued a press release reporting financial results for the year ended December 31, 2017. A copy of the press release is attached to this Current Report as Exhibit 99.1 and is incorporated herein solely for the purposes of this Item 2.02 disclosure.
The information contained in Items 2.02 and 9.01 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference into any filing under the Securities Exchange Act of 1934, as amended, or the Securities Act of 1933, as amended, except as otherwise expressly set forth by specific reference in such a filing.
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Item 9.01. |
Financial Statements and Exhibits |
(d) Exhibits
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Exhibit Number |
Description |
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Press Release Announcing Financial Results |
PROFIRE ENERGY INC ExhibitEX-99.1 2 ex991fy17annualfinancialre.htm EXHIBIT 99.1 Exhibit Profire Energy Reports Financial Results for Fiscal Year 2017Company Recognizes Second-Best Year in Company History with Revenues up 86% YOY to $38.2 millionNet Income up over 700% to $4.4 Million or $0.09 Per ShareLINDON,…To view the full exhibit click here
About PROFIRE ENERGY, INC. (NASDAQ:PFIE)
Profire Energy, Inc. is an oilfield technology company. The Company is primarily engaged in the business of developing combustion management technologies for the oil and gas industry. It specializes in the creation of burner-management systems, used on a range of oilfield natural-draft fire tube vessels. It offers burner-management systems, which help to ignite, monitor and manage the burner flame. Its solution, the PF3100, helps manage and synchronize custom applications helping oilfield producers meet deadlines through an off-the-shelf solution with dynamic customization. It also sells complementary oilfield products. Such products help manage fuel flow (such as valves and fuel trains), meter air flow (such as airplates), generate power on-site (such as solar packages), ignite and direct flame (such as flare stack igniter and nozzles), and other functions. In addition to the burner-management systems and complementary technologies, it also offers chemical-management systems.
