Integral Systems, Inc. has reported the Company's preliminary financial results for the fourth quarter and fiscal year ended September 30, 2008.
Revenue for the year was approximately $160 million, up approximately $32 million or 25 percent from fiscal 2007. Income from operations was approximately $25 million compared to $16.9 million for fiscal 2007, and net income was approximately $18 million ($1.00 per diluted share) compared to $12.8 million ($0.58 per diluted share) for fiscal 2007. Revenue for the fourth quarter was approximately $46 million, up $10 million or 27 percent from the same period in 2007. Income from operations was approximately $7 million compared to $5.8 million for the fourth quarter of 2007. The fourth quarter of 2008 included approximately $1.5 million of audit related fees and approximately $0.4 million of non-cash stock compensation expense. As a result, net income was approximately $5 million ($0.27 per diluted share) compared to $4.8 million ($0.23 per diluted share) for the fourth quarter of 2007. Obtain the complete ".pdf" release at this direct link.

