ATOSS Software AG Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2012; Provides Operating Margin Guidance for the Year 2012
July 23, 2012 at 01:36 pm EDT
ATOSS Software AG reported consolidated earnings results for the second quarter and six months ended June 30, 2012. For the quarter, the company reported total sales of EUR 8,437,000, EBITDA of EUR 2,207,000, EBIT of EUR 2,070,000, EBT of EUR 2,147,000, net income of EUR 1,465,000 or EUR 0.37 per share and negative cash flow of EUR 1,001,000 compared to total sales of EUR 7,913,000, EBITDA of EUR 2,054,000, EBIT of EUR 1,941,000, EBT of EUR 2,015,000, net income of EUR 1,367,000 or EUR 0.34 per share and cash flow of EUR 799,000 for the same period a year ago.
For the six months, the company reported total sales of EUR 16,273,000, EBITDA of EUR 4,312,000, EBIT of EUR 4,037,000, EBT of EUR 4,473,000, net income of EUR 3,012,000 or EUR 0.76 per share and cash flow of EUR 2,157,000 compared to total sales of EUR 15,762,000, EBITDA of EUR 4,108,000, EBIT of EUR 3,877,000, EBT of EUR 3,877,000, net income of EUR 2,704,000 or EUR 0.68 per share and cash flow of EUR 3,842,000 for the same period a year ago.
The outlook of the Management Board for the full year 2012 indicating moderate growth, is subject to a recovery in investment in the second half-year. Despite the company's own scheduled investments in sales and marketing in particular, the operating margin on sales (EBIT) will remain securely above 20%.