Key Developments For Zanett, Inc.
Zanett, Inc. (ZANE.O) (Consolidated Issue listed on NASDAQ Capital Market)
Zanett, Inc. Acquires PS GoLive
Zanett, Inc. announced that it has acquired the assets of PS GoLive LLC, a Florida based provider of upper end services for Oracle’s PeopleSoft Enterprise products and business processes. Terms of the deal were not disclosed.
Zanett, Inc. Signs Letter Of Intent To Acquire PS GoLive
Zanett, Inc. announced that it has signed a letter of intent to acquire PS GoLive, a Florida-based provider of upper-end services for PeopleSoft Enterprise products and business processes. Terms of the deal were not disclosed.
Zanett, Inc. Issues Q3 2008 Revenue Guidance; Comments On Nine Months Ending September 30, 2008 Revenue Guidance
Zanett, Inc. announced that for the third quarter of 2008, it expects revenue guidance in a range that is 20%-23% above the same period in fiscal 2007. For the nine months ending September 30, 2008, the Company expects revenue to grow approximately 20% above the revenue posted in the same period of fiscal 2007.
Zanett, Inc. Comments On Q3 2008 Revenue Outlook
Zanett, Inc. announced that it anticipates third quarter 2008 revenues to grow at a double digit pace compared to last year's third quarter revenue.
Zanett, Inc. Reaffirms Q2 2008 Revenue Growth Outlook; Comments On Q3 2008 Revenue Growth Outlook; Announces Contracts
Zanett, Inc. reaffirmed its second quarter of 2008 revenue guidance at the growth rate of 10%-12% above the fiscal 2007. For the third quarter of 2008, the Company expects revenue to also be higher by a double digit growth rate, year over year. The Company also announced that it has signed new contracts during June worth a combined total of almost $5.8 million, bringing the total value of contracts signed in the second quarter to approximately $13.2 million. Among the contracts were a $1.4 million agreement with a clinical research organization involved in the biopharmaceutical industry, a $1.0 million contract with a cancer treatment center, and two contracts worth an aggregate of $1.2 million with a State Government.
