First quarter 2007 revenue for Burnaby-headquartered video surveillance developer Extreme CCTV Inc. (TSX:EXC) almost doubled to $12.2 million from $6.3 million in the same quarter in 2006.
The increase in the quarter, which ended March 31, 2007, was attributed to a 28% jump in overall sales and from sales generated from its July 2006 acquisition of Forward Vision, which contributed roughly a third of the total.
Quarterly profit rose to $920,000 compared with $417,000 in 2006's second quarter.
Extreme CCTV's share price range during the past week: between $2.90 and $3.12; 52-week high: $3.49; 52-week low: $2.26.