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Company Reports Record Revenue and Operating Income
PLYMOUTH MEETING, Pa., Aug. 11 /Xinhua-PRNewswire-FirstCall/ -- BMP
Sunstone Corporation (Nasdaq: BJGP) (''BMP Sunstone'' or the ''Company''),
today announced its financial results from the second quarter of 2008. The
Company intends to file its Form 10Q today.
Highlights
-- Record revenues for the quarter of $29.6 million and six months of
$47.7 million
-- Non-GAAP operating income for the quarter of $3.3 million and year-to-
date of $3.5 million, excludes amortization related to acquisitions and
stock based compensation
-- GAAP operating income for the quarter of $1.6 million and year-to-date
of $0.2 million
-- Non-GAAP EPS of $0.03 for the quarter and $0.04 year-to-date
-- GAAP net loss of $0.03 per share for the quarter and $0.10 loss per
share year-to-date
Three Months Ended
June 30, 2008
(amounts in thousands, except per share amounts)
Non GAAP Net Income (Loss) $1,318
Non-GAAP EPS* $0.03
Stock Based Compensation 616
Amortization of Debt Discount and 977
Issuance Cost
Amortization Related to Acquisitions 992
GAAP Net Income (Loss) ($1,267)
GAAP EPS ($0.03)
Revenues for the second quarter of 2008 were $29.6 million, compared
with $7.
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