Science & Technology
Science and Technology
Science and Technology
Tue, October 9, 2012
Mon, October 8, 2012 
SEDONA Releases Quarterly 2012 Financial Results -- KING OF PRUSSIA, Pa., Oct. 8, 2012 /PRNewswire/ --
SEDONA Releases Quarterly 2012 Financial Results
KING OF PRUSSIA, Pa., Oct. 8, 2012 /PRNewswire/ -- SEDONA® Corporation (OTCPK:SDNA), a leading edge software development company focused on providing Customer and Member Relationship Management (CRM/MRM) and Profit Analytics solutions to banks and credit unions, announced its operating results for the first and second quarters of 2012.
Financial Period over Period Summary for the period ending June 30, 2012:
Description | June 30, 2012 | June 30, 2011 | % Change |
Total Revenues | $ 677,000 | $ 600,000 | 13% |
Total Cost of Revenues | $ 121,000 | $ 102,000 | 19% |
Gross Profit | $ 556,000 | $ 498,000 | 12% |
Total Operating Expenses | $ 549,000 | $ 515,000 | 7% |
Gain/Loss from Operations | $ 7,000 | ($ 17,000) |
David R. Vey, Chairman and CEO of SEDONA Corporation affirmed, "The financial results in the first half of 2012 illustrate the Company's continued execution of its growth initiatives. The work of our employees to develop new services today will positively impact our revenue growth for years."
SEDONA's Financial Report was provided to the OTCMarkets.com website Monday, October 8, 2012, which can be accessed using [ http://www.otcmarkets.com/stock/SDNA/quote ].
Safe Harbor Statement:This press release contains forward-looking statements that involve risks and uncertainties. The statements of this Summary Overview are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results, events and performances could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause the Company's actual results, expressed or implied, to differ materially from expected results. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making an investment decision.
For additional information, please contact SEDONA Corporation, 610-337-8400 or visit SEDONA Corporation's website: [ www.sedonacorp.com ].
SEDONA® is a registered trademark, SEDONA CRM™ and SEDONA MRM™ are trademarks of SEDONA Corporation.
All other trade names are the property of their respective owners.
SOURCE SEDONA Corporation
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