Fiscal Second Quarter and Six Month Results for the Periods Ended
September 30, 2008
-- Net sales for the three months ended September 30, 2008 were $3.9
million, an increase of 29%, compared with $3.0 million for the same
period a year ago. Net sales for the six months ended September 30,
2008 were $8.4 million, up 41% from $6.0 million for the same period a
year ago.
-- Sales to customers in the U.S. for the three months ended September 30,
2008 were $2.2 million, an increase of 83%, compared with $1.2 million
in the same period a year ago. This increase was due to the growing
effectiveness of the company's sales force and the continued growth in
the active Urgent PC customer base. Non-U.S. sales for the three
months ended September 30, 2008 were $1.7 million, down 7% from $1.8
million in year ago period. Excluding the translation impact of
fluctuations in foreign currency exchange rates, non-U.S. sales
declined by approximately 10%.
-- Six month sales to customers in the U.S. were $4.4 million, up 99% from
$2.2 million for the same period last year. Six month non-U.S. sales
were $4.0 million, up 7% from $3.8 million for the same period last
year. Excluding the translation impact of fluctuations in foreign
currency exchange rates, non-U.S. sales declined by approximately 1%.
-- Net loss for the second fiscal quarter ended September 30, 2008 was
$561,000, or $0.04 per diluted share versus $1.4 million, or $0.10 per
diluted share for the second quarter of last year. For the six months
ended September 30, 2008, net loss was $968,000, or $0.06 per diluted
share compared with a net loss of $2.2 million, or $0.17 per diluted
share for the same period
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