GlobeNewswire11 days ago
Speedemissions, Inc. (OTCPK: SPMI, the “Company”), a brand offering consumers quick, efficient emissions testing and safety inspections, and now used/salvaged OEM auto parts through its Auto Recycling of Montgomery subsidiary, today announced its financial results for its fiscal quarter ended September 30, 2018. “The continued effort of improving our operating performance and reducing costs has yielded solid results. This marks ten consecutive quarters that we’re able to report positive EBITDA1. What makes these last two quarters significant is that same-store growth has occurred while having lost a store lease in April 2018 due to the property being sold to a major restaurant chain,” stated Rich Parlontieri, CEO of Speedemissions.