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Revenue Grows 30%, EPS Up 6-fold, Dividend Increased

^{Published on 2010-05-06 06:30:36 - Market Wire}
 

 - Revenues increased 30% to $2.7 million from $2.0 million in the same period last year. - Gross profit margins improved to 59%, up from 54% in second quarter of fiscal 2009. - Net after tax earnings improved to $972,000 or $0.06 per share, a six-fold increase per share over the same period in 2009. - EBITDA was $917,000 ($0.06 per share). - Cash and cash equivalents as at March 31, 2010 totalled $7.1 million ($0.43 per share). - Working capital (net of deferred revenue) was $8.9 million or $0.54 per share. - Combined federal and provincial tax pools at the end of March 2010 were approximately $14 million. - The Sylogist Board declared a quarterly dividend of 1.65 cents per common share, a 10% increase over the previous quarter. 

 - Revenues increased 28% to $5.2 million from $4.1 million in the same 6 month period a year earlier. - Gross profit margins improved to 61%, up from 49% in the comparable 6 months last year. - Net after tax earnings improved to $1.9 million or $0.11 per share. - EBITDA was $1.8 million or $0.11 per share. 

 - Revenues increased 37% to $10.4 million from $7.6 million compared to the previous 12 month period. - Gross profit margins improved to 59%, up from 48% in the same 12 months a year earlier. - Net after tax earnings improved to $3.0 million or $0.18 per share. - EBITDA was $3.1 million or $0.19 per share. 

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