Cistera Networks Delivers Record Full Year Profit
26 Abril 2011 - 8:58PM
Marketwired
Cistera Networks® (PINKSHEETS: CNWT), a leading provider of
enterprise application platforms and engines for unified
communications, announces reported record results for Full Year
ended March 31, 2011 (all figures in U.S. dollars and U.S. GAAP
except EBITDA).
Net operating income for the full year was $0.417 million,
compared with $0.038 million loss for the same quarter last year.
Net income for the full year was $1.634 million or $0.08 per share
inclusive of taxation reserve. Revenue for the full year was $2.4
million, up 5% from $2.3 million for full year ending March 31,
2010.
Revenue for the fourth quarter of fiscal 2011 was $0.431
million, down 15% from $0.51 million from the same quarter of last
year. Net Income for the fourth quarter was $0.051 million up from
a $0.29 million loss for the same quarter last year.
"Over the past two years we have remained focused on our
strategy of transforming Cistera into a world-class provider of
enterprise applications for unified communications," says Cistera
CEO Greg Royal. "It has been gratifying to see the hard work and
dedication of the entire Cistera team translate into our first full
year of profitability and our best earnings ever."
Full Year 2010 Financial Highlights
- Full Year Revenue increased 5% to $2.4 million
- Full Year Net Operating Income was $0.417 million
- Full Year EBITDA was 18% or $0.436 million
- Full Year Net Income was $1.6 million or 8c per share
About Cistera Networks, Inc.
Cistera Networks is a leading provider of Event Alerting and
Notification application infrastructure for large-scale enterprises
and government public safety services. Cistera's award-winning
platform, the Cistera Convergence Server delivers the most
reliable, scalable and secure services for IP-centric notification
and reporting capability available today. Cistera is used by
organizations large and small including the United States
Government and many Fortune 500 companies. For more information,
please see http://www.cistera.com
This release may be deemed to contain forward-looking statements
that are subject to the safe harbor provisions of the Private
Litigation Reform Act of 1995. These forward-looking statements
include, among other things, statements regarding future events and
the future financial performance of Cistera Networks that involve
risks and uncertainties. Readers are cautioned that these
forward-looking statements are only predictions and may differ
materially from actual future events or results. Readers are
referred to the documents filed by Cistera Networks with the SEC,
specifically the most recent reports on Form 10-K and 10-Q, each as
it may be amended from time to time, which identify important risk
factors that could cause actual results to differ from those
contained in the forward-looking statements.
Media and Investor Contact: Cistera Networks Inc.
972-381-4699 x75003 Email Contact
Cistera Networks (CE) (USOTC:CNWT)
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