U.S. Home Systems Reports Financial Results for Third Quarter: EPS of $0.09

U.S. Home Systems, Inc. USHS today reported financial results for the third quarter and nine months ended September 30, 2010. USHS is engaged in the specialty products home improvement business. The Company's principal product lines include kitchen cabinet refacing products, bathroom remodeling products, storage organization systems for closets and garages and related accessories. Financial Results For the third quarter, USHS revenues increased 39.2% to a record $39.6 million as compared to $28.4 million in the third quarter 2009. This was the fifth consecutive quarter of sequentially increasing revenue. Net income for the third quarter 2010 was $620,000 or $0.09 per share. The quarter included a pre-tax loss of $171,000 on the sale of its deck manufacturing facility. Excluding this loss, net income would have been $722,000, or $0.10 per share. Net loss in the third quarter 2009 was $510,000, or ($0.07) per share.