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ERT Reports Second Quarter 2009 Results
Date:7/30/2009

---- ---- ---- ---- Net revenues: EDC licenses and services $1,487 $1,083 $2,790 $2,501 Services 26,763 16,215 51,358 32,323 Site support 7,222 6,878 14,997 13,138 ----- ----- ------ ------ Total net revenues 35,472 24,176 69,145 47,962 ------ ------ ------ ------ Costs of revenues: Cost of EDC licenses and services 468 397 919 863 Cost of services 10,185 7,671 20,448 15,364 Cost of site support 4,599 3,470 9,867 7,105 ----- ----- ----- ----- Total costs of revenues 15,252 11,538 31,234 23,332 ------ ------ ------ ------ Gross margin 20,220 12,638 37,911 24,630 ------ ------ ------ ------ Operating expenses: Selling and marketing 3,810 3,274 7,133 6,700 General and administrative 4,601 3,527 9,474 7,604 Research and development 1,051 993 2,050 2,142 ----- --- ----- ----- Total operating expenses 9,462 7,794 18,657 16,446 ----- ----- ------ ------ Operating income 10,758 4,844 19,254 8,184 Other income (expense), net 244 (409) 671 (293) --- ---- --- ---- Income before income taxes
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