Unify Reports Record Revenue and Profitability for Fiscal 2008 Second Quarter

Thu Nov 29, 2007 4:30pm EST
 
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-- Total Revenue Increases 126% Over Q207-- Total Revenue Increases 126% Over Q207

-- Software License Revenue Increases 146% Over Q207 -- Software License Revenue Increases 146% Over Q207

-- Services Revenue Increases 115% Over Q207 -- Services Revenue Increases 115% Over Q207

-- Operating Income of $954,000 -- Operating Income of $954,000

-- Profitability with Net Income of $692,000; EPS of $0.10 -- Profitability with Net Income of $692,000; EPS of $0.10

-- Increases Annual Revenue and EBITDA Guidance -- Increases Annual Revenue and EBITDA GuidanceSACRAMENTO, Calif.--(Business Wire)--Unify Corp. (OTCBB:UFYC), a global provider of applicationmodernization software, today announced financial results for itssecond quarter of fiscal 2008, ended October 31, 2007. Fiscal Second Quarter 2008 Highlights:

-- Total revenue increased 126% year-over-year to $4.9 million. -- Total revenue increased 126% year-over-year to $4.9 million.

-- Software license revenue increased 146% year-over-year to $1.9 -- Software license revenue increased 146% year-over-year to $1.9

million.

-- Services revenue increased 115% year-over-year to $3.0 -- Services revenue increased 115% year-over-year to $3.0

million.

-- Income from operations of $954,000 versus $205,000 a year ago. -- Income from operations of $954,000 versus $205,000 a year ago.

-- Net income of $692,000 versus a net loss of $187,000 a year -- Net income of $692,000 versus a net loss of $187,000 a year

ago.

-- Earnings per share of $0.10 versus a loss per share of $0.03 a -- Earnings per share of $0.10 versus a loss per share of $0.03 a  Continued...

 

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