Satnews Daily
December 11th, 2008

Financially Speaking, Integral Systems, Inc...


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.