Cistera Networks Delivers Increased First Quarter Net Operating Income and Increased EBITDA
2011年8月16日 - 12:52AM
Marketwired
Cistera Networks® (PINKSHEETS: CNWT), a leading provider of
enterprise application platforms and engines for unified
communications, today reported results for the three months ended
June 30th, 2011 (all figures in U.S. dollars and U.S. GAAP except
EBITDA).
Revenue for the first quarter of fiscal 2012 was $0.454 million,
up 6% from $0.43 million in the previous quarter. Support and
maintenance contracts were $0.337 million, up 16% from $0.29
million in the same quarter last year.
Net operating income for the quarter was $0.039 million, or
$0.00 per share, compared with net operating income of $0.016
million or $0.00 per share, a 240% improvement, over same quarter
last year. Earnings before Interest, Depreciation and Amortization,
and Taxes (EBITDA) were positive $0.064 million or 14.2% of
revenue.
"Our efforts to control costs while growing our pipeline have
been successful. Our pipeline is now bigger than it has been in the
last two and a half years," says Cistera CEO Greg Royal. "We
continue to grow our partnerships and deliver new capability to our
customers. We have expanded our development capability through
near-sourcing and released a number of highly successful features
for global security and healthcare.
"New license revenue, however, has been difficult to achieve
because of the weakness in the United States economy and a slowdown
in federal government spending," says Royal. "However the highlight
is the strong growth in Support and Maintenance business, up over
16% year on year. However the company is in the best position it
has been in since this recession started. Once business spending
recovers we should see a dramatic improvement in profitability," he
added.
Highlights this quarter include the delivery of MedQMS
Healthcare Quality Management System, the successful installation
of Redline system for a major global securities group and the
formation of a partnership with New World Communications for the
delivery of telecommunications expense management solutions.
About Cistera Networks, Inc.
Cistera Networks is a leading provider of enterprise application
communications platforms and services. The company blends powerful
application infrastructure with industry-specific business
processes, to deliver the benefits of voice, video and data
convergence to the user. Cistera's industry-leading platform
delivers the most reliable, scalable and secure application
services for IP-based network environments. Its broad portfolio of
application services enables users to improve customer service and
satisfaction, increase productivity and collaboration, improve
responsiveness to critical incidents and to provide a safer
environment. For more information, please see www.cistera.com
Media and Investor Contact: Cistera Networks, Inc.
972-381-4699 x75003 Email Contact
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