[SatNews] Integral Systems, Inc. (NASDAQ‐ISYS) (“Company”) has reported financial results for its fiscal quarter ended December 31, 2010. Revenue for the first quarter of fiscal 2011 was $44.5 million, an increase of 17.9 percent compared to the first quarter of 2010. Gross margin was 29.9 percent, compared to 41.8 percent for the first quarter of fiscal 2010. First quarter 2011 loss from operations was $4.7 million, compared to income from operations of $2.0 million reported in the first quarter of fiscal 2010. Net loss for the first quarter of fiscal 2011 was $3.9 million or a loss of $0.22 per diluted share, compared to net income of $1.2 million or $0.07 per diluted share reported for the first quarter of fiscal 2010. During the first quarter of fiscal year 2011, the Company’s operating segments contributed $6.1 million in adjusted EBITDA. Corporate overhead costs for the quarter were $7.9 million. Adjusted EBITDA for the first quarter of fiscal year 2011 was a loss of $1.8 million compared to $4.0 million in adjusted EBITDA generated in the first quarter of 2010. To read the entire financial report, select this direct link.
Satnews Daily
February 9th, 2011
Integral Systems... Financially Speaking...
[SatNews] Integral Systems, Inc. (NASDAQ‐ISYS) (“Company”) has reported financial results for its fiscal quarter ended December 31, 2010. Revenue for the first quarter of fiscal 2011 was $44.5 million, an increase of 17.9 percent compared to the first quarter of 2010. Gross margin was 29.9 percent, compared to 41.8 percent for the first quarter of fiscal 2010. First quarter 2011 loss from operations was $4.7 million, compared to income from operations of $2.0 million reported in the first quarter of fiscal 2010. Net loss for the first quarter of fiscal 2011 was $3.9 million or a loss of $0.22 per diluted share, compared to net income of $1.2 million or $0.07 per diluted share reported for the first quarter of fiscal 2010. During the first quarter of fiscal year 2011, the Company’s operating segments contributed $6.1 million in adjusted EBITDA. Corporate overhead costs for the quarter were $7.9 million. Adjusted EBITDA for the first quarter of fiscal year 2011 was a loss of $1.8 million compared to $4.0 million in adjusted EBITDA generated in the first quarter of 2010. To read the entire financial report, select this direct link.