Camelot Q2 2010 Profit Up 102% YoY

Camelot, 8/19/10

Enterprise application services provider Camelot (NYSE: CIS) has announced its financial results for the second quarter of 2010, with net revenues up 90.4% YoY to USD 44.1 mln .

Adjusted net income attributable to Camelot for Q2 2010 increased 102.3% YoY to USD 6.5 mln from USD 3.2 mln in the second quarter of 2009.

Net revenues from enterprise application services were USD 28.94 mln, up 89.1% YoY from Q2 2009. Net revenues from financial industry IT services were USD 15.13 mln, an increase of 92.8% YoY.

Camelot expects net revenues for the third quarter 2010 to be approximately USD 46.4 mln, representing a 35.9% increase YoY from the third quarter 2009.

To view the complete report please see here.

Keywords: application profit software CIS IT services Q2 2010 Camelot revenue fiscal report

Feedback

Sending

Disclaimer

The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.

Marbridge Daily